Answer:
The Soviet Union was a Communist country while the USA was a Capitalist country, in efforts to stop the communism from spreading, the United States President Truman offered help to any country that was under military threat, with hopes that this would prevent Communism from spreading.
Cotton could also be obtained from Egypt and India
I believe the answer is: A.Smith knew that the invisible hand of the market was not concerned with the health of the laborer.
The power of invisible hand in the market only care about the power of supply and demand which would determine who will obtain the most wealth. Even if the process could disregard the wellness of many people, as long as the demand is met, consumers wouldn't put too much thought on the laborers.
Answer:
The Industrial Revolution was the transition from 1760 to 1820 to 1840 to new production processes in Europe and the United States.
Explanation:
This transition consists of the transfer from manufacturing to machinery, new processes for the production of chemical substances and iron production, the growing application of steam and water, machine tools, and the increase of the mechanized factory system. The Industrial Revolution also led to an ever-increasing population growth rate.
An important turning point in history is the Industrial Revolution; almost every aspect of the life of the day has somehow been affected. The average revenue and population, in particular, began to show continuous growth without precedent.
Mechanized steam-driven cotton spinning increased worker output by a factor of approximately 500. The power loom increases a worker's output by more than 40 times.
Damp engines' efficiency increased so that between 1/50 and 1/10 of their fuel was used. They were adapted to industrial use by adapting stationary steam engines to rotary movement.
