Explanation:
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Answer:
The federal elimination of the Tariff of 1828 and a gradual reduction on import taxes over a decade.
Answer:
it will make Southern economies suffer greatly and grow to industrialized or risk being left behind to the north
Answer: G. Congress passed a law allowing people to claim public land and convert it to private property through homesteading.
Explanation:
The Homestead Act of 1862 by President Lincoln, allowed people to claim up to 160 acres of public land for a small fee and convert it to private property through homesteading provided they stay on the land and take care of it for 5 years.
President Lincoln said the Act was necessary as it would give every American the resources needed to better their lives and such was its popularity that it in force for 124 years until it was repealed in 1976.
Following the passing of the Act, a lot of people sought to take advantage of it and moved to new areas in the Great Plains to set up homesteads which led to the rapid settlement that occurred there.
Answer:
Benefits:
- Access to a larger market
- Increase in production of goods
Costs:
- Loss of jobs in developed countries
- Depletion of natural resources.
Explanation:
On the one hand, a global market means that a company or firm can potentially reach a larger market to sell its products and services. And in turn, make more profit. On the other hand, it also means that the competition is global and that a firm has to compete in this larger market with hundreds of firms. This often means that to be competitive, companies have to lower their costs. One easy way of doing that is by outsourcing or moving parts of their production process to countries with lower salaries. This leads to the loss of jobs in the home countries.
The increased competition and the larger market also mean that more goods are produced at a better price for the customer. However, this production can easily get out of hand and deplete natural resources.
