Answer: The Affluent Society (1958)
Explanation:
Among the surging affluence of the supposed “happy days” decade, there was also growing anxiety, dissent, and diversity. Many social critics, writers, and artists expressed a growing sense of unease with the superficiality of the much-celebrated consumer culture. One of the most striking aspects of the decade was the sharp contrast between the buoyant public mood and the increasingly bitter social criticism coming from intellectuals, theologians, novelists, playwrights, poets, and artists. One of those intellectuals was John Kenneth Galbraith in his book The Affluent Society (1958). He could not see in the economic growth a solution for persistent social problems. He pointed out that behind all of America's prosperity, there was still the ghost of poverty, especially among minorities.
The monopolies contributed to the economic challenges that farmers faced in the United States in the late 19th century by <span>independent farmers were forced to sell their farms when they could not compete with the output of large, commercial farms.</span>
Answer:
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Explanation:
what the question? i see 1-4 answers but no question..
Answer:
B) Prices decrease as a result of increased production efficiencies.
Explanation:
When a producer has absolute advantage, it can produce more output with less inputs that competitors. In other words, it needs less capital, labor and land to produce the same amount of goods and services. This producer is thus, very efficient, and as it is producing more output, this output becomes cheaper. Consumer benefit from cheaper prices and their purchasing power increases.
