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Morgarella [4.7K]
3 years ago
11

Scarcity is the basic economic because

History
1 answer:
Mamont248 [21]3 years ago
3 0

Answer:

A

Explanation:

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The effect of new machinery had a great impact on the economy of Great Britain because they made large-scale production possible, which increased demand and led to rapid economic growth of the country. With the help of new machinery, goods are produced in large quantity in very less amount of time as compared to labour which takes more time so new machinery plays a key role in enhancing the economy of Great Britain.

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https://www.youtube.com/watch?v=e-EjnQwqbaQ

The second of these goals was the establishment of two new German states. The Soviet Union laid the ground work for what would become the communist German Democratic Republic in the late 1940s in the eastern half of Germany, while the allies established a market-liberal counterpart (the Federal Republic of Germany) in the west.
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