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The division of labor is the separation of tasks in any economic system.
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Explanation:
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They basically got the power as easily as anyone can but they made it a point to keep the people thinking that they were doing right by them.
Answer:
With the defense buildup for World War II and with the post-war economic prosperity, migration was revived, with larger numbers of Black Americans leaving the South through the 1960s. With its mission over, the migration ended in the 1970s, when the South had sufficiently changed so that African-Americans were no longer under pressure to leave and were free to live anywhere they chose.
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Answer:
The beginning of the Great Depression in the United States is considered to be August 1929, when the industrial production index reached its peak. At that time, money was tightly tied to gold reserves, which limited the money supply. At the same time, production grew. At the turn of the century, new types of goods such as cars, planes, radios appeared. The number of goods in mass and by assortment has increased many times. As a result of the limited money supply and the growth of the commodity supply, strong deflation arose - a fall in prices, which caused financial instability, the bankruptcy of many enterprises, and loan defaults. A powerful multiplier effect has hit even growing industries.
From the standpoint of monetarism, the US Federal Reserve monetary policy triggered the crisis. A sharp decline in money supply by one third between August 1929 and March 1933 was a huge brake on the economy, and was the result of the incompetence of the Fed leadership.
This period was characterized, on the one hand, by very powerful technical changes, and on the other, by the abundance of capital, which allowed both updating capital and expanding stock exchange operations, as a result of which the speculative “bubble” increased.
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