Answer:adventure of the United States. American companies were boosted with the transfer of military technologies and with the opening of the European market in the reconstruction of the continent due to the WWII. From then on, the basic recipe was to encourage private enterprise (helping entrepreneurs who wanted to open their own business, for example) and ensure that the government would get little in the economy (the market, by the law of supply and demand, would regulate the rise -and economic decline).
The fear of the spread of communism around the world led the US to engage in various military conflicts. Simultaneously, the Kennedy administration began to develop nuclear weapons to overcome Soviet nuclear forces. With this, he obtained more investments for the arms race and fomenting the economy of the country
Explanation:
cold war contributed to transfer of military technologies as well as it Brought US opening in the European market and more investments for the arms race.
Further Explanation:-
As the period of cold war came to close, The economy of United States experienced rapid economic growth. The prosperity came back in United States after world-war 2 as they won the war and after post war period United States further consolidated its position which was as the world’s most richest country. The measure with regards to all products which were produced in United States was around 200 thousand million dollars in year 1940 which skyrocketed to 300 thousand million dollars in 1950 and 500 thousand million dollars by year 1960. Massive economic shift was seen in United States during that period as during the period of 1940’s, People belonged to lower middle class were more in United State whereas there were more people who belonged to Middle Class category by year 1960. Automobile Industry recorded most growth during this period as the production almost tripled from 1946 to 1955. The rise in United States defense expenditure post cold war also played its pivotal role in the economical increase.
Grade – High School
Subject – History
Chapter – Economic Growth
Keywords-Cold War, Economic Growth, Economy, Industry, Automobile, Increase, Dollars, Richest Country, United States, Production.
In general, politicians pay the most attention to middle-age white people in elections, since they believe they are the most active voters, instead of the very young and the very old.
True. The Intolerable Acts DID cause the formation of the Continental Navy.
Answer:
Among the options given on the question the correct answer is option A.
Should we produce jeans with expensive machinery or less expensive labor.
Explanation: There are many determining factors for producing a specific product. There are requirements to determine about the production system, market, demand of the customer.
However , one of the important factor to produce a specific product is to determine the process. Like in the excerpt it is said that how to produce the jeans.In the first option it is said whether to use expensive machinery or less expensive labor. Now the fact is that the production type will be different if the system is changed.
Like as the if the expensive machinery is used for the production the price of the product will be high and the quality will be better.On the other hand if the less expensive labor is used the price will be lower.
Therefore,the option A best illustrates how to produce a specific product.
