Answer:
Losing extra time to spend with his friends
Explanation:
Economists implement the term opportunity cost to denote that people have to give up on some things to acquire some other things they desire. As there is a limitation of resources, every time you choose the way to use them, you are at the same time giving up on some other options. In economics, whatever choice you make implies an opportunity cost.
Answer: People used available natural resources to make ceramics, clothing, and crafts.
Explanation:
Answer:
Politician like William M. Tweed, more known as Boss Tweed, was similar to industrial magnate like Carnegie and Rockefeller because he, like Carnegie and Rockefeller, had a lot of control over different things. He was an advisor at the gas companies and various banks, he was a director of the Erie Railroads so all of these possesions directly linked him to events happening in the country - U.S. economy and government related events.