Answer:
Answer given below.
Explanation:
The farmers who couldn't buy the new equipment relied on the old technique of farming. There was a competition for agriculture production in the market as farmers tried to make prosperity.
The people whose jobs displaced by the new equipment went to search for new jobs. They move to one place to another in search of work and eventually landed in cities where they got work in factories.
Life was hard for the farmers, especially for those who did not own land.
Answer:
1. Monopolies were among the first business entities the U.S. government attempted to regulate in the public interest
2. Consolidation of smaller companies into bigger ones enabled some very large corporations to escape market discipline by "fixing" prices or undercutting competitors.
Explanation:
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Answer:
One of the positive effects of NAFTA was increased trade, economic output, foreign investment, and better consumer prices. NAFTA cost U.S. jobs were lost when domestic manufacturers relocated to lower-waged Mexico, this also suppressed wages in U.S. manufacturing plants.
Explanation:
There was slow infrastructure developments.
