Answer:
Consumer spending is an important economic indicator because it usually coincides with the overall consumer confidence in a nation's economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market
Answer:
The railroad had major advantages over previous modes of transportation, being both flexible and dependable; they were not subject to winter ice as canals were, and were faster and more reliable than steamships. This was especially important when transporting agricultural products.
Explanation:
Railroads created a more interconnected society. Counties were able to more easily work together due to the decreased travel time. With the use of the steam engine, people were able to travel to distant locations much more quickly than if they were using only horse-powered transportation.
Answer:
The correct answer is: Letter of recommendation.
Explanation:
The letter of recommendation effect can be understood as the tendency that individuals have to provide biased positive assessments of someone being evaluated mainly because they know and like the person.
So they perceive them as being more responsible, conscientious and less neurotic which in turns results in providing unrealistically positive assessments.
When people like another person they tend to unconsiously exaggerate their positive traits and minimize the negative ones. In informant ratings this is called the Letter of recommendation effect.
