Asia. It has the two most populated countries in it.
Primarily through their impact on demand. Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more. Tax increases do the reverse. These demand effects can be substantial when the economy is weak but smaller when it is operating near capacity.
The social order of pre-Revolutionary France was composed of three states: the 1st state was made up of clergymen, the 2nd state included all the nobility, and the 3rd state was formed by the rest of the population of France, including the peasantry, the bourgeoisie, and the city workers.
The experiences of the nobility and the bourgeoisie were very different during this period. The nobiity included around 1-2% of the population of the country. They were mostly exempt from taxes and for the most part, did not have a job. On the other hand, the bourgeoisie was a large percentage of the population, and carried a significant tax burden. This class was the most educated and wealthiest part of the 3rd State, and they resented the privileges of the nobles, in particular the tax exemptions. The conflict between these classes was a reason for the French Revolution.
There were various effects of the Civil War but one thing that was not an effect was Reduced rate of industrial production in the north.
<h3>How did the Civil War benefit the North?</h3>
The North benefitted from the Civil War because the Civil War was rarely fought on Northern soil which meant that their industries were not destroyed or damaged by war.
In fact, the North was able to increase industrial production to be able to provide their soldiers with more weapons and provisions to fight the war, thereby increasing industrial production.
Options for this question include:
- Reduced rate of industrial production in the north
- Increased rate of industrial production in the north
- Massive destruction of Southern infrastructure
Find out more on the effects of the Civil War at brainly.com/question/11470945
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