1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
3 years ago
14

1. The basic definition of economics is illustrated by which of the following?

History
1 answer:
Alborosie3 years ago
8 0

Answer:

Economics is the study of how businesses produce goods and services for an economy.

Explanation:

Economics in its most basic sense is simply the study of how goods and services are produced and how they are distributed and marketed to meet demand.

Therefore, option A is correct because Economics is the study of how businesses produce goods and services for an economy.

You might be interested in
What impact did the creation of a Jewish homeland have on palestinians living in the region?
shutvik [7]

Answer:

People made fun of them.

There were more Jewish people

Explanation:

Brainliest plz sis

7 0
3 years ago
Read 2 more answers
2 Points
slamgirl [31]

Answer:the sculpture only

Explanation:

8 0
4 years ago
Which result is most likely to occur if Saudi Arabia specializes in producing oil?
s344n2d4d5 [400]

Saudi Arabia will develop different types of industries if they got expertise in producing oil.

<h3>What happened when Saudi Arabia exports more oil?</h3>

When Saudi Arabia produces more oil, it will be able to do more exports to other countries. This will help them to develop better opportunities in the domestic market.

The foreign markets will offer increased prices over exports of oil which will boost the economic position of the country. This economic development leads to better infrastructure and facilities to the citizens.

Therefore, the option B is appropriate that Saudi Arabia will focus on developing more industries.

Learn more about Saudi Arabia, here:

brainly.com/question/11871839

#SPJ1

3 0
2 years ago
What were some of the similarities and differences between the 1st and 2nd Industrial Revolutions?
aalyn [17]

Answer:

Here ya go boy

Explanation:

The Industrial Revolution was one of the most important events in human history and dramatically transformed life for people throughout the world.  While it first began in Britain, its effects later spread to other parts of Europe, the Americas and now parts of Asia.  In general, the Industrial Revolution unfolded in a series of stages which historians refer to as the First Industrial Revolution and the Second Industrial Revolution.

The First Industrial Revolution began in the 18th century and focused primarily on textile manufacturing and steam power.  During this time period inventors across Europe and the United States created devices and machines that mechanized production.  For example, the steam was a vitally important invention to the revolution because it lessened the need for manual labor.  The first steam engine was created by Thomas Newcomen in 1712.  Newcomen produced items for tin mine owners who often complained that they were struggling to deal with flooding in their mines. Traditional methods of removing water from the mines were slow, and hard work. Newcomen realized that he could help the tin mine owners. He developed a pump engine that used a piston in a cylinder; it was the first of its kind.  In the 1760’s, James Watt improved on and perfected the design first produced by Thomas Newcomen.  In 1764, Watt was given a Newcomen steam engine to repair. He started working on it and soon realized that it was inefficient. As a result, Watt wanted to improve the design. He was successful, and found a way to prevent steam from escaping from the engine by adding a separate condensing chamber. Watt patented his new steam engine design, and it paved the way for other mechanical design work.

Textile manufacturing was benefitted from the effects of the First Industrial Revolution and there were several inventions that streamlined the manufacturing process.  In 1733, the clockmaker John Kay invented the flying shuttle, which replaced the handheld shuttle used in weaving. His invention sped up the weaving process and allowed for faster production such that weavers were outpacing spinners.  In 1764, James Hargreaves, a carpenter, developed a way to speed up spinning. He did this by attaching several spindles to a single spinning wheel. Using this spinning jenny, as it was called, a person could spin several threads at once.  In 1769, Richard Arkwright developed a spinning machine, called the water frame, that could hold up to 100 spindles and was capable of producing strong yarn. The machine replaced the need for manual labour and enabled the production of inexpensive spun cotton by the use of moving water from a creek or river. It was important at the time because cotton was used for clothing and other everyday items.  In 1793, the American Eli Whitney invented the cotton gin - a machine that automated and sped up the separation of cottonseed from the short-staple cotton fiber. The invention helped the British cotton industry because it increased the production of cotton and made it cheaper.  Samuel Slater is considered to be the “Father of the American Industrial Revolution” when he introduced British industrial techniques into American textile mills in the late 18th century.  Slater, who was born in England, arrived in the United States in 1789 and having memorized many of the techniques used in British factories, used his knowledge to develop similar production methods in the United States.  For example, he helped a fledgling textile mill in Rhode Island in 1793 with the operation of its spindle frame.  Soon, Slater’s designs were spreading across the east coast of the United States in numerous other textile operations.

The Second Industrial Revolution began in the mid-19th century and continued until World War I in 1917.  While the First Industrial Revolution centered on textile manufacturing and the innovation of the steam engine, the Second Industrial Revolution focused instead on steel production, the automobile and advances in electricity.  Discoveries in the field of electricity improved communication technologies. In 1866, the first underwater telegraph cable across the Atlantic Ocean was successfully installed, and ten years later, Alexander Graham Bell invented the telephone.  In the late 1800’s American Thomas Edison produced an amazing array of inventions. Among them were the phonograph and the incandescent light bulb.  In 1886, German scientist Gottlieb Daimler devised an internal combustion engine that was fuelled by gasoline and could power a small vehicle. His invention was one of the biggest advances in transportation technology since the development of the steam engine. Daimler would use his engine to create one of the first automobiles.  An improvement in production was the introduction of the assembly line by Henry Ford in 1914.

7 0
3 years ago
Which statement BEST describes the purpose of the separation of powers in government?
Vaselesa [24]

Answer:

D. It was designed to keep the judiciary, legislative, and executive branches of government working against each other.

4 0
3 years ago
Other questions:
  • The US helped to negotiate a peace agreement in 1979 between Israel and
    9·2 answers
  • What legislation made it illegal to require voters to take literacy tests? A. Voting Rights Act of 1970 B. 24th Amendment to the
    10·2 answers
  • During world war i, buying war bonds was a way for people to
    14·2 answers
  • List three major countries that made up the axis and their leaders for wwii.
    15·1 answer
  • Describe either Mussolini, Stalin, or Hitler by giving 5 facts to show them at totalitarian leaders (pick only 1 leader):
    6·1 answer
  • In article 1, section 8 of the constitution, these powers of congress are described
    13·1 answer
  • China sailed in the Age of Discovery to spread this
    15·1 answer
  • Which action was an attempt by southern state governments after the Civil War to
    5·1 answer
  • 1. Why was Dred Scott case important
    5·1 answer
  • Which two statements explain how the 2018 Farm Bill and Federal Crop Insurance Act transformed hemp policy in the United States?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!