The establishment of electric utilities led to widespread use of electricity in the United States.
<u>Explanation:</u>
Electricity was not used only to power homes but also factories and industries. This eventually enabled factories and industries to make use of large and sophisticated machines that could help in increasing the efficiency and productivity of the factories.
This enhanced the industrial revolution which was already taking place in the United States.With electricity, workdays and work time increased which led to increased production and thereby led to the boost in the economy of the United States.
Mass production of goods resulted in the use of mechanization to have an oversupply. Some labor work were replaced by machines, which created unemployment and change of needed skills for an upgrade. Common work can be done by machines while the craft was still handed down to skilled workers. There was a high demand for buying machines that can reproduce products faster.
Their is more freedom here than there is at there old home
The roaring twenties were called this because this was after the US won WWII so everyone was celebrating. The US started prohibition, but people kept on drinking and partying. It got so bad and crazy that this was one for the main reasons for the Great Depression
Answer:
What do pollution, education, and your neighbor's dog have in common?
No, that's not a trick question. All three are actually examples of economic transactions that include externalities.
When markets are functioning well, all the costs and benefits of a transaction for a good or service are absorbed by the buyer and seller. For example, when you buy a doughnut at the store, it's reasonable to assume all the costs and benefits of the transaction are contained between the seller and you, the buyer. However, sometimes, costs or benefits may spill over to a third party not directly involved in the transaction. These spillover costs and benefits are called externalities. A negative externality occurs when a cost spills over. A positive externality occurs when a benefit spills over. So, externalities occur when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.
Explanation:
