Bonanza farms were huge farms that were owned by companies. This ownership allowed the farms to have more access to funds. Land could be cheaply purchased at the time which led to them gaining more and more acreage. Often, these companies would buy land that was close to railways. This would make the shipping of goods more accessible and contributed to their great profits.
Answer: B. Korea should produce electric vehicles and Japan should produce gasoline vehicles
Explanation: Even though Japan has the absolute advantage in producing both electric and gasoline powered vehicles, Korea can produce electric vehicles at a lower opportunity cost than Japan. Therefore, the countries should specialize and trade, and Korea should produce electric vehicles and Japan should produce gasoline vehicles
Europeans are trying to change from socialism to Capitalism