capital goods-products made to make other products and services
human resources-quantity and quality of human effort to achieve a goal
natural resources-factors from the environment used to achieve a goal
productive resources-factors used to achieve a goal
<h2><em><u>Question:</u></em></h2>
<em>→</em><em>A Pattern Maker is involved in which industry? </em>
<h2><u><em>Choices</em><em>:</em></u></h2>
<em>A. The Farming </em><em>Industry</em>
<em>B. The Textiles </em><em>Industry</em>
<em>C. Garment and Apparel Production Industry..</em>
<em>D. Fashion Merchandising </em><em>Industry</em>
<em><u>E. Tools and Equipment Manufacturing and Industry.</u></em>
<h2><em><u>Answer:</u></em></h2>
- <em>E. <u>Tools and Equipment Manufacturing and Industry.</u></em>
<h2><em><u>Explanation:</u></em></h2>
<em>→</em><em>Patternmakers are a vital part of the fashion and manufacturing industries. In some companies, the job title for a patternmaker may be apparel patternmaker or fabric patternmaker. It is the job of the patternmaker to create a pattern either free-hand or with computer-aided drafting software.</em>
<em>#</em><em>C</em><em>a</em><em>r</em><em>r</em><em>y</em><em>O</em><em>n</em><em>L</em><em>e</em><em>a</em><em>r</em><em>n</em><em>i</em><em>n</em><em>g</em>
Interest Rates= Government policy can influence interest rates
Higher rates=also lead to decreased consumer spending
Lower interest rates=attract investment as businesses increase production
The correct answer is A. The South lacked capital and educated labour force. The Southern economy did not develop like the North because the South was strongly Angelican while the north was Puritain which led to differences in work ethic and education. Puritainism values a literate population because everyone should be able to read the Bible, while in the south, books did not matter and education was considered to be for the wealthy. Economy in the South was based around human labor and slavery. The North used more ingenuity and intellect which led to blossoming of the industry and trade.