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zimovet [89]
3 years ago
11

What factors led to the panic of 1819 and what government regulations might have prevented it

History
1 answer:
Alex Ar [27]3 years ago
3 0

Answer: See explanation

Explanation:

The Panic of 1819 was a financial crisis that brought about the collapse of the economy of the United States.

The factors that led to the panic of 1819 were due to the fact that there was overexpansion of credit which occured after the wars had ended. Other factors included reduction in the prices of cotton, the closing of several companies in the United States due to low prices and foreign competition.

Government could have prevented this through the use of trade protection to protect its industries. Using trade protection such as ban, quota and tariffs could have prevented this. Also, the excessive borrowing was.onw the factors that led to the panic and the government could have reduced its borrowing. Lastly, the government could have prevented this by not selling land on credit.

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Complete the sentence. As division of labor increases,
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Answer: specialization

Explanation:

Division of labor us simply the delegation or division of roles so that a job can be done quicker.

Opportunity cost is what is forgone by an economic entity such as an individual, firm or the government in order to get something else.

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From the analysis, we can see that one division of labor increase, specialization increase as well.

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Explanation: that part of history that took place before 1469 I do not consider history of Spain because there were different monarchies there. What happened before Hugh Capet (Carolingian dynasty, Merovingian dynasty) I do not consider "France" because it was "kingdom of Francs".

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