The southern states' economies were heavily reliant on the production of cash crops such as rice, tobacco, indigo, and cotton.
"Internship" is the one among the following choices given in the question that describes the experience <span>for beginners exploring occupations within. The correct option among all the options that are given in the question is the second option or option "B". I hope that this is the answer that has come to your help.</span>
If you’re talking about supply and demand, demand is how much people want of something, and the suppliers how much of it is available. If there is more demand then there is supply, the price of the product will go up. If there is more supplied and there is demand, the price will go down.
If a structural surplus exists but the government's budget is balanced, then <u>real GDP is less than potential </u><u>GDP</u>.
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What do you mean by Government's budget?</h3>
A government budget is referring to as the budget that consists of the documents made by government or other political entity representing its anticipated tax revenue.
Moreover, there are basically three types of government budget that consists of balanced budget, surplus budget and deficit budget.
In case of surplus in structural happens then the real GDP is less than the expected GDP. Here, GDP is defined as Gross Domestic product. These budgets are helpful to make a decision regarding tax and spending and for consuming and investing.
Adding to it, structural surplus is the difference between government of fiscal revenue at the time of cyclical peaks.
Learn more about government's budget, refer to the link:
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Answer: The Monroe doctrine gave Europe the message that the Western Hemisphere was no longer open for colonization. The Monroe Doctrine said that no European powers will be allowed to colonize the Western Hemisphere because the United States had to fulfill their Manifest Destiny.
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