Changes in the wage rate (the price of labor) cause a movement along the demand curve. A change in anything else that affects demand for labor (e.g., changes in output, changes in the production process that use more or less labor, government regulation) causes a shift in the demand curve.
Changes in the wage rate (the price of labor) cause a movement along the supply curve. A change in anything else that affects supply of labor (e.g., changes in how desirable the job is perceived to be, government policy to promote training in the field) causes a shift in the supply curve.
Since a living wage is a suggested minimum wage, it acts like a price floor (assuming, of course, that it is followed). If the living wage is binding, it will cause an excess supply of labor at that wage rate.
The events in the chronological order as follows-
- Start of 2nd Great Awakening
- Rapid growth of 2nd great Awakening
- Abolitionist Movement Begins
- McGuffey Readers published
- Dorothea Dix begins reform for the mentally ill
<u>Explanation</u>:
The following events in the history of the US are quite notable. These events in the chronological order are as follows-
- Start of 2nd Great Awakening- The movement started around New England in 1790s. The time was marked by rapid popularity growth of evangelical’s in the newly formed America.
- The rapid growth of 2nd great Awakening- The movement witnessed rapid growth around 1810 up to 1830 when it was quite influential in transforming the religious landscape of the country.
- Abolitionist Movement Begins- It was a concentrated effort at eradicating slavery from the US mainland. It was first started in 1830 imitating the same tactics used by Britisher at their home.
- McGuffey Readers published- The reader became the standard text for most schools across the US. It was first published in 1836 and later became a voluminous work.
- Dorothea Dix begins reform for the mentally ill- Dix was a teacher, reformer and an author. She through her life was actively involved in improving the condition of mentally ill patients. Starting from 1943 she established around 32 mental hospitals at a various location such as New York, Indiana, Illinois etc,
- Seneca Fall Convention- It was the first convention of its kind (women rights convention). The movement was precipitated to ask for women’s suffrage rights. It was held in July 1848 at Seneca Falls in New York.
They are known as Executive Agreements. :)
A.
neither side realized how deeply the other felt about the issues of slavery and states' rights
