Answer:
capital goods
Explanation:
used in production of consumer goods
Answer:
Frictional unemployment - the unemployment which exists in any economy due to people being in the process of moving from one job to another.
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Answer:
New England's shipbuilders earned profits by providing ships for the triangular trade
Explanation:
The New England colonies developed as a trade and economic center. The geographic condition did not make the region suitable for growing crops. The colonists focused on shipbuilding, fishing, and whaling while many of the colonists were artisans, blacksmith, merchants, traders, and furniture maker. By seeing the growth of the Atlantic slave trade, colonists began to expand the shipbuilding industry with a shipyard that helped them to earn profits by supplying vessels in the triangular trade.
