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Verizon [17]
3 years ago
9

What is the difference between a factor market and a product market?

History
2 answers:
sergey [27]3 years ago
8 0

Answer:

Product Market : Goods and services produced by businesses are sold to households.

Factor Market: Markets where services of the factors of production are bought and sold such as labor, capital, the market for raw materials, and the market for management or entrepreneurial resources.

Hitman42 [59]3 years ago
4 0

Answer:

product market is sold to households but factor farmers service of factor.

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Answer:

1. D

2. A

3. C

4. The Democratic Party is making a serious blunder in criticizing President Roosevelt’s foreign policy .

There can result nothing but praise and admiration for the President’s policy.

Explanation:

D.

In 1902, the European forces announced blockage on Venezuela due to the country’s rejection to resolve foreign debts. In consequence, the Roosevelt Corollary came into force.

<u>In 1904, the US president Theodore Roosevelt put in force the Roosevelt Corollary, an extension to the Monroe doctrine.</u> It assured the protection of the US over the countries of Latin America and its intervention in foreign affairs regarding the European countries.

A.

The US had made it clear that they were a force to fear and Theodore Roosevelt was aware of that. They were an established military force as had been proven by its great victory against Spain in 1898.  

This was what was pre-required for Roosevelt to exercise his<em> Big Stick policy</em>: the country had to have proven <u>capable to strike</u>, but <u>peaceful and willing to negotiate</u> at a time. It seemed to work as Germany decided to back off on Venezuelan blockage after the US intervention.

C.

Before the completion of the Panama Canal, the US trade route was incredibly long and devastating. On top, the perishable goods would have spoiled during the (at least) three-month-long trip.

<u>The Panama Canal facilitated all of that</u>. The US boats had a significantly shorter route to take, the former time was cut and it allowed faster shipping, lower fuel costs, and therefore – more trade.  

<em>The Democratic Party is making a serious blunder in criticizing President Roosevelt’s foreign policy </em>

In this sentence, it is the word <u>blunder</u> that suggests the writer’s attitude on the matter. A <em>blunder</em> is a stupid mistake committed out of ignorance. The use of this type of word originates from a <u>subjective point of view.</u>

<em>There can result nothing but praise and admiration for the President’s policy. </em>

The author of the text is clearly taking sides, as <u>he assures that there is only one possible way to think of the President Roosevelt’s policy</u>: <em>nothing but praise and admiration. </em>

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It helped enhance the military and give them more options

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