It was important because it was something like a first document on running a colony. Basically, if people wanted to sign it then they would and they would have to obey it. They would work hard and do their best to improve the colony and those not supporting the growth of the colony would be punished.
Answer:
This is because of consumer debt, the use of credit allowed people to buy things when they didn't have the money. therefore everyone was buying things they couldn't afford that was ruining the economy and caused the stock market crash.
Explanation:
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
The federal reconstruction efforts produced C. expanded access to public education.
<h3>How was the Reconstruction useful?</h3>
It should be noted that the Reconstruction redefined the citizenship of the United States and changed the relationship between the government and states.
In conclusion, the federal reconstruction efforts produced expanded access to public education.
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Jane Addams, congregated enough motivation to compose settlement homes.
