Answer:
Big stick ideology, big stick diplomacy, or big stick policy refers to President Theodore Roosevelt’s foreign policy: "speak softly and carry a big stick; you will go far.Roosevelt described his style of foreign policy as "the exercise of intelligent forethought and of decisive action sufficiently far in advance of any likely crisis.
Explanation:
Agriculture has played a major role in Arkansas’s culture from territorial times, when farmers made up more than ninety percent of the population, through the present (about forty-five percent of the state’s residents were still classified as rural in 2006). Beginning as a region populated by small, self-sufficient landowners, the state evolved through a plantation culture before the Civil War, to an era when tenant farming and sharecropping dominated from the Civil War to World War II, before yielding to technology and commercial enterprise. For more than 150 years, agricultural practices had hardly changed. Hand tools and draft animals limited an average farmer to cultivating about four acres a day and made it difficult to accumulate wealth. But World War II transformed agriculture, and in twenty-five years, machines turned what had been a lifestyle into a capitalistic endeavor.
Compared to its rivals, Carnegie Steel is able to offer its goods for less money. Because he controlled the raw material supply, the means of manufacturing, and the channels of distribution, Carnegie was able to reduce expenses.
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What cost-cutting measures took Carnegie?</h3>
He promoted bonds and made investments in oil and railroad sleeper carriages, but iron production was his main line of work. He relentlessly adopted practices that reduced per-unit costs, introduced the railroad industry's cost-accounting methods, and hired skilled chemists.
Because he controlled the raw material supply, the means of manufacturing, and the channels of distribution. Because Carnegie produced a subpar item, production costs were lower.
Hence choice 2nd is correct.
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Answer: The purpose is to measure the overall cost of goods and services that would be brought in by a consumer.