Answer:
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.
Explanation:
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Answer:
The main reason for other countries' growing need for American colonial goods was that "American raw materials were of better quality than those grown elsewhere", which was especially true for the cotton and tobacco industries.
Explanation:
Answer:
The Defense Production Act of 1950 is a United States federal law enacted on September 8, 1950 in response to the start of the Korean War. It was part of a broad civil defense and war mobilization effort in the context of the Cold War.
Explanation:
<span> it attempted to stop a branch of the Second Bank of the United Of America</span>