If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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The Federalist Party was in service between 1798 and 1801, and the Democratic-Republican Party was in service between 1792 and 1798.
The Federalist Party were proponents of a strong, centralized national government and a strong executive branch. Federalists did not support a Bill of Rights, supported an economy based on agriculture, believed that the Constitution was open to interpretation, and asserted that the government had the right to adopt additional powers. In foreign policy, Federalists sided with the British and opposed the French Revolution. Federalists supported Alexander Hamilton.
The Democratic-Republican Party were in support of a weak, centralized government fearing that a strong central government would lead to tyranny. The DR Party supported the Bill of Rights to supplement the Constitution in order to support the people. They believed the Constitution was a strict document that limited the federal government's ability to adopt additional powers. The DRP often aligned itself with France and admired the French's Revolution.
She went to Beverly Hills High School. Instead of college she joined the Ballet Russe de Monte Carlo, a highly acclaimed Russian ballet troupe based in New York City.
Answer:
C. A company in Maryland suing a man in California over a contract dispute.
