Answer:
Specialization Leads to Economies of Scale
Explanation:
As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.
Answer:
1. The United States is in the Western Hemisphere (because it is west of the prime meridian) and also in the Northern Hemisphere (because it is north of the equator).
Answer:
1. In factories more stuff was done by machine vs farm where you use your hands more
2. It was less demanding on farms they did not need as many people to work on a machine where as in a factory they had kids slaving in hot conditions just to feed their family.
Answer:
D) Government officials took a "hands off" approach to private companies and generally tried to avoid regulating their business practices.
Hope this helps.
Explanation:
The 1920s is the decade when America's economy grew 42%. Mass production spread new consumer goods into every household. The modern auto and airline industries were born. The U.S. victory in World War I gave the country its first experience of being a global power. Soldiers returning home from Europe brought with them a new perspective, energy, and skills. Everyone became an investor thanks to easy access to credit. That hidden weakness helped cause the Great Depression.
