Answer:
E) North had a much more substantial economy.
Explanation:
The economy of southern states was basically tied to the production and exporting of cotton. Cotton was America's largest export, but it was sold only as raw materials, it wasn't processed.
While northern states had a much broader railroad system, a healthier financial system (87% of all financial institutions), manufacturing facilities and large urban centers. Even the factories that processed cotton from the south were located at northern states.
The US started collecting federal income tax in 1913
Answer:
The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.
Barcelona's more relaxed work rules could help it achieve relational coordination - <span>the social processes and the human interactions support the coordinating process and task integration. The relational coordination includes communication and relationships in order to achieve the same goal.</span>
Answer:
The demand curve would be a downward straight line graph.
Explanation:
This type of curve is referred to as inelastic demand curve because the decrease in price would not result to an increase in quantity purchased as explained by the question. Majority of the reservation, precisely 25 people from the question are willing to pay reservation proce of 500 as compared to one person whose reservation is different.