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ddd [48]
4 years ago
12

Explain how each of the following was key to industrialization: (a) coal, (be) iron, (c) better methods of transportation.

Business
1 answer:
Ronch [10]4 years ago
4 0
Coal was key to industrialization because it was used as fuel to run the factories. Iron was crucial for developing a wide array of tools and machinery. It was also important for the creation of railroads.The growth of the Industrial Revolution depended on the ability to transport raw materials and finished goods over long distances.There were three main types of transportation that increased during the Industrial Revolution: waterways, roads, and railroads.Transportation was important because people were starting to live in the West. During this time period, transportation via water was the cheapest way to move
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Answer:

2. a worker decides to quit one job to seek a different job.

Explanation:

Frictional unemployment occurs when workers are moving from one job to another. It happens when the available jobs and the workers' skills do not match. For example, a graduate from the university cannot find a job that matches the skills straight away. The period of searching for that first job is called frictional unemployment.

Frictional unemployment is naturally occurring in the economy.  It is present when the economy is in full employment.  It is present as workers are always searching for better opportunities elsewhere, and students are graduating and searching for their first employment.

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3 years ago
Give two reasons why value of norminal GDP would increase ​
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7 0
3 years ago
Which is not a characteristic of Lean production: 1. There are frequent, small deliveries 2. Suppliers are treated as partners t
olchik [2.2K]

Answer:

The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.

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<em>Lean production aims to boost employees' efficiency not necessarily automating their duties.</em>

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This is an example of shallow promise
5 0
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Read 2 more answers
You operate a small catering firm specializing in sit-down dinner parties that you prepare and serve yourself with no helpers. A
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