The correct answer is individual preferences and tastes of buyers.
When there is increase in demand also the demand curve shifts. If there is a change in factor apart from price then the whole of demand curve shifts.
The income of consumers determines the demand of the commodity. Also prices which are related to goods and also preferences and tastes of the customer.
Demand for automobiles can be elastic where there can be delay in buying a new vehicle.
Due to many substitutes the model for automobile can be highly elastic.
Grains, oil, and textiles were native to Babylonia while they exchanged timber, wine, precious metals, and stones. (merchants received in exchange for these items)
Headright system allowed settlers their own land
Because of the unrestricted attacks German submarines were making on American ships
The Homestead Act had these effects: new states were added to the Union; The population grew in the territories; The cattle-ranching industry grew.
What's the Homestead Act?
On May 20, 1862, during the Civil War, the Homestead Act was passed. This legislation's primary goals are to support the economy and native Americans.
In 1862, the Homestead Act was adopted. They change life of American natives. Development in the economy and growth of industries.
The Homestead Act of 1862 attracted homesteaders and cattle ranchers and demonstrated that farmers in the Northern Great Plains might be prosperous. Petitions for statehood as the population grew in size, built more homes, and started herding cattle.
As a result, this options are correct such as new states were added to the Union; The population grew in the territories; The cattle-ranching industry grew.
Learn more about on Homestead Act, here:
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