The colonial government had the power to PASS LAW and CREATE TAXES , they also had the power to DECIDE HOW THE COLONY TAX MONEY SHOULD BE SPENT . THEY ALSO ELECTED THEIR OWN ASSEMBLIES.
HOPE MY ANSWER HELPS.
Answer:
McCormick's reaper ensured that raising wheat would remain the main economic activity in the Midwest. New machines and new improvements in transportation helped farmers plant more acres of cash crops, crops planted strictly for sale. hope this helped
The Economic Cycle.
An economy when graphed will essentially look like a wave. It may not be perfect, as there will be different size expansions and contractions/recessions.
Expansions is when the market is doing well or correcting from a recession. The Peak is the highest point that specific economic period can achieve. From there, the market will enter a Recession or Contraction where it goes down. It’s Trough is the lowest point that the contraction will reach.
