In order to determine the answer for this, we much look at the 4 factors of production: land, labor, capital, and entrepreneurship. When it comes to industrialization, those nations that had these four capitals could easily follow suit. These were mostly those countries that were following the capitalist path. Taking America for example, the North was heavily industrialized due to it having plenty land for industries, labor readily available, capital in terms of investments, and people willing to start industries and businesses. Being a capitalist country, the government encouraged new businesses.
The legislation authorized two railroad companies, the Union Pacific and the Central Pacific, to construct the lines.
From about 1811-1840 the Oregon Trail<span> was laid down by traders and fur trappers. It could only be traveled by horseback or on foot. By the year 1836, the first of the migrant train of wagons was put together. It started in Independence, Missouri and traveled a cleared </span>trail<span> that reached to Fort Hall, Idaho.</span>
Answer:
The answer is (D) traditional economy
Explanation:
Economic structures such as Command and Market did not exist during the primitive hunter gather society times. The economic way of life was traditional where the resources and means of production were shared among the individuals.
Another reason was during this time, the population was small and the people were less demanding and were mainly interested in necessities that was extracted from the nature.
