Answer:
Republic, Capitalism, Democracy
Explanation:
D, communists hope this helps :)
<span>I believe the
answer is d. Decline of the coal
industry. During this period, America
was now enjoying a period of economic prosperity as citizens now had more money
to spend for things that they couldn’t afford before. Their economy was now one of the most
powerful after the war.</span>
The United States was the last to join the Allied Powers because they did not want to be apart of the war. They joined the Allied Powers after Japan bombed Pearl Harbor.
The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
