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
Bogdan [553]
3 years ago
8

According to the Crash Course video on the Industrial Economy, in which of the following ways did the US Civil War spur rapid in

dustrialization of the country?
A. Forced introduction of a national currency.
B. Provided federal contracts to arms and clothing manufacturers.
C. Improved infrastructure particularly in the form of the transcontinental railroad and telegraph systems.
D. Led to the invention of the Bessemer process of steel production.
E. Introduced flight.
Business
1 answer:
andrey2020 [161]3 years ago
8 0

Answer:

A. Forced introduction of a national currency.

B. Provided federal contracts to arms and clothing manufacturers.

C. Improved infrastructure particularly in the form of the transcontinental railroad and telegraph systems.

Explanation:

The Civil War was a war between the then Northern States who comprised the Union and the then Southern States who comprised ti Confederacy in an attempt to get the Confederacy to rejoin the United States of America.

The war had many casualties but some good was done to the economy in terms of the following;

  • There was a forced introduction of a national currency known as the Greenbacks after Congress passed the Legal Tender Act of 1862.
  • The Federal Government increased spending in the economy by providing federal contracts to arms and clothing manufacturers to aid the troops.
  • Improved infrastructure to enable information get to soldiers faster as well as to move soldiers faster especially in the areas of telegraph development and the construction of the transcontinental railroad.
You might be interested in
Suppose Mike wants to pay efficiency wages to help in the construction of his beach home. If the prevailing wage rate for electr
Alekssandra [29.7K]

Answer:

The answer to the question is c

4 0
3 years ago
Lycan, Inc., has 7.9 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments and h
eimsori [14]

Answer:

$912.68

Explanation:

Particulars                      Time  PVF at 9.9%   Amount   Present Value

Cash Flows (Interest) 1.00        0.9099       79.00             71.88

Cash Flows (Interest)    2.00        0.8280       79.00             65.41

Cash Flows (Interest)    3.00        0.7534        79.00             59.52

Cash Flows (Interest)    4.00        0.6855        79.00            54.15

Cash Flows (Interest)    5.00        0.6238        79.00            49.28

Cash Flows (Interest)    6.00        0.5676        79.00            44.84

Cash flows (Maturity)    6.00        0.5676      1,000.00         <u>567.60</u>

Intrinsic Value of Bond or Current Bond Price                  $<u>912.68</u>

Thus, the Current bond price is $912.68

5 0
3 years ago
Why is it relevant that finance tends to attract large amounts of money? a. Money can be used for good or evil b. Finance attrac
SpyIntel [72]

Answer: c. Financial markets are a critical components of economic success

Explanation:

Economic success runs on companies and individuals being able to produce goods and services for the economy. To be able to do so they need capital to invest and most times they don't have that capital.

This is where Finance comes in. It connects people who do not have the capital but want to produce to those that have the capital but do not necessarily want to produce.

The huge amounts of money that finance attracts is channelled to those who need it. They then produce and the economy becomes successful.

6 0
3 years ago
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requ
Sauron [17]

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

        To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

3 0
3 years ago
Which of the following is an element of economic forces? a) New production forces b) Health, food, stress c) Competitors and sup
Ksju [112]

Competitors and supply chain is an element of economic forces.

<h3>What are economic forces?</h3>

Economic forces are those factors that assist a firm in terms of its competitiveness in the environment it operates.

Here, economic forces have a direct impact on business and are essential factors that can help an organization in accomplishing its targets.

Learn more about economic forces here: brainly.com/question/13721949

#SPJ1

4 0
2 years ago
Other questions:
  • The manager of the main laboratory facility at Elmhurst HealthElmhurst Health Center is interested in being able to predict the
    10·1 answer
  • The purpose of a screening interview is to make the final decision about which applicants to hire.
    8·1 answer
  • The most economical way to purchase large items, such as fumiture, is to buy with
    15·1 answer
  • Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
    6·1 answer
  • Which of the following is a visual cue that would signal important information in class?
    14·1 answer
  • Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.
    5·1 answer
  • A machine was purchased at a cost of $78,000. The equipment had an estimated useful life of five years and a residual value of $
    14·1 answer
  • Which of the following groups does not sponsor apprenticeship programs?
    10·1 answer
  • On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock. On that date, the book
    6·1 answer
  • At a dinner, the meal cost $22.00 and a sales tax of $1.87 was added to the bill. What is the tax rate for meals in this city
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!