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ra1l [238]
3 years ago
12

How do new corporations acquire the capital they need to produce goods?​

History
1 answer:
Dmitrij [34]3 years ago
3 0

Answer:

Explanation:In general, economic growth occurs as a result of increases in the production of goods and services. Increased consumer spending, increased international trade, and businesses that increase their investment in capital spending can all impact the level of production of goods and services in an economy.

For example, as consumers buy more homes, home construction and contractors see increases in revenue. As companies invest in their businesses in order to expand their products and services, they hire more employees and increase salaries or wages. All of this activity leads to economic growth, which can be measured by gross domestic product (GDP)—the total monetary or market value of all the finished goods and services produced within a country's borders in a given period.

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goblinko [34]

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Initially, President Thomas Jefferson had commissioned James Monroe and Robert Livingston to negotiate a deal with France to acquire New Orleans or all or part of Florida, as a means of avoiding the potential of an armed conflict in such areas. Monroe and Livingston were authorized to spend up to $10 million.  What they found out was that Napoleon was already set to sell a much wider range of territory to the United States, to finance his European wars.  Napoleon was asking $22 million for the whole territory that became the Louisiana Purchase.  The US team negotiated the price down to $15 million.  The deal with France was made in 1803.

Then, however, there was a constitutional crisis back home.  Did the President have the authority under the constitution to make such a major addition to the nation's territory and spend the nation's funds to do so? Ultimately, Jefferson was convinced by his Cabinet members and sent the measure to Congress for approval.  In a statement he made at the time, Jefferson justified the purchase with this analogy:  "“It is the case of a guardian, investing the money of his ward in purchasing an important adjacent territory; and saying to him when of age, I did this for your good." 


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