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sergeinik [125]
3 years ago
5

Where were many factories and mills built in North Carolina in the late 1800s

Social Studies
1 answer:
telo118 [61]3 years ago
3 0

Answer:

Durham considered being the American tobacco historic district because of its large and several tobacco building and structures built by this company from 1874 to 1950s.

Explanation: North Carolina also possessed various resources, that made the state an ideal setting for the textile industry in the 1870s

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A demand shock is a sudden event that increases or decreases demand for goods or services temporarily. A positive demand shock increases aggregate demand and a negative demand shock decreases aggregate demand. Therefore there will be an initial inflation with the shock but since demand shocks are temporary and the central bank commits to an inflation rate target, then over time inflation will fall back down to the inflation target.

Expansionary fiscal policy is an increase in government spending or a decrease in taxation, while contractionary fiscal policy is a decrease in government spending or an increase in taxes. Expansionary fiscal policy can be used by governments to stimulate the economy during a recession.

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