The Dutch, Swedes, and Finns were the first European settlers in New Jersey. Bergen, founded in 1660, was New Jersey's first permanent European settlement. In 1664 the Dutch lost New Netherlands when the British took control of the land and added it to their colonies.
Answer:
While the agricultural, slave-based Southern economy was devastated by the war, the Northern economy benefited from development in many of its industries, including textile and iron production. The war also stimulated the growth of railroads, improving transportation infrastructure.
Explanation:
Answer:
a. If the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent.
Explanation:
Positive economics refers to the description of facts and information related to the economic situation of a country or region. It simply means explaining the facts and reality that is proven by theoretical work as well. It highlights the cause and effect relationships between different economic phenomenon. Here, the statement that if the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent fulfills this criteria as it presents a simple and well-known fact that teenage unemployment rates are usually higher than the overall unemployment rate and can be double. This is because of a lack of skill set and experience at the youth level as compared to older age groups.
