Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
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The Albany Plan of Union was a plan to place the British North American colonies under a more centralized government. On July 10, 1754, representatives from seven of the British North American colonies adopted the plan. Although never carried out, the Albany Plan was the first important proposal to conceive of the <span>colonies as a collective whole united under one government. Hope this helps
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During reconstruction the Southern states needed to be rebuilt. There were attempts to rebuild, revive the Southern economy, and put the South back up to where it had been. The 13th-15th amendments were also created during this time. However, reconstruction ultimately failed as freed slaves were not properly integrated into society and the efforts to reconstruct were not effective
Explanation:
The primary features of grassroots Progressivism that was most essential to the continued growth and success of the reformist movement would be that most strove for a perfection of political participation for those considered “unfit” on account of health, education, or race. Progressives also agreed that democracy had to be balanced with an emphasis on efficiency, a reliance on science and technology, and deference to the expertise of professions. They repudiated party politics but looked to government to regulate the modern market economy. And they saw themselves as the agents of social justice and reform, as well as the stewards and guides of workers and the urban poor. Often, reformers’ convictions and faith in their own expertise led them to dismiss the voices of the very people they sought to help. The expressions of these Progressive principles developed at the grassroots level. It was not until Theodore Roosevelt unexpectedly became president in 1901 that the federal government would engage in Progressive reforms. Before the, Progressivism was work done by the people, for the people. What knit Progressives together was the feeling that the country was moving at a dangerous pace in a dangerous direction and required the efforts of everyday Americans to help put it back on track.
