“The a long time from 1865 to 1900 in American Society were ones intensely affected by industrialization. … Society was adversely influenced as monopolists started to require over financial matters, legislative issues changed as specialists started to create unions, and production line work changed due to unused mechanical methods.
Answer:
1) It helps economists tell the function of an economy 2) These are easier for producers to find more of, and therefore makes the resources more available and affordable to consumers
Explanation:
There honestly isn't an explanation to these, it's just simply how things work :P
Answer:
Economic Impact
Explanation:
The 9/11 attacks had an immediate negative effect on the U.S. economy. Many Wall Street institutions, including the New York Stock Exchange, were evacuated during the attacks. On the first day of trading after the attacks, the market fell 7.1 percent, or 684 points.
Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.Feb 16, 2020
Apart from 1/3 of Europe's population dying off, the aristocracy began to lose their power and status. Many people lost faith in the church, and there were labor shortages, peasant uprisings, etc
