Explain how absolute advantage and comparative advantage differ. Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost).
A person must believe in order to be regenerated.
Assuming this is a true or false question, this is true
Eisenhower Doctrine pledged to support the help of any country resisting communist aggression.
<em>They helped farmers transport their goods to wider markets.</em>
Explanation:
Railroads helped farmers in the late 1800s by using them to transport their goods to wider markets.
During this time, it was still very rural, particularly in the South. While the North was beginning to become industrialized, the South was still bare and rural, except for farms. Towns and homes were spread out to make room for farms, so if goods needed to be delivered, it took a while. Railroads greatly helped farmers by not only covering these distances quickly but by taking the goods even farther and taking them to wider markets.
On the contrary, railroads would also charge small farms higher shipping rates. This meant that in order to ship the goods, the farmers would have to pay a lot. They hated this, many thought it was wrong and even exploitative.