In the election of 1800, Jefferson and Burr tied.
The main issue is that second place got VP, instead of a ticket running together. So, a President would not have the choice of VP.
A global economy rose during the age of Imperialism in the 1800's. It was controlled by western countries like the US, Britain, France, and Germany. The capitalists brought a lot of goods manufactured by machine, technology, and also<span> investment capital. To return the favor, people from Asia, Africa, and Latin America gave homegrown goods, natural resources, and cheap labor.</span><span> </span>
Having a railroad would make transportation of goods much easier. This would also make it safer and more efficient. There were a few risks involved but far less than transporting by conventional means.
Answer: specialization
Explanation:
Division of labor us simply the delegation or division of roles so that a job can be done quicker.
Opportunity cost is what is forgone by an economic entity such as an individual, firm or the government in order to get something else.
Voluntary exchange is when customers and companies engage in market transactions freely. It is the idea that people are motivated due to their self interests.
Physical capital are the consists of tangible, and the man-made objects that are purchased by a company for the production of a good.
Specialization is the concentration in a particular department or area by an individual in order to be more efficient and effective.
From the analysis, we can see that one division of labor increase, specialization increase as well.
