If an important resource, such as oil, becomes unavailable, the production possibilities curve a. shift inwards.
"The production possibility frontier (PPF) is a curve on a graph that depicts the possible amount that can be produced or made of two products, if both are based upon the same limited resource for their creation. The Production Possibility Frontier is also termed as the production possibility curve. If it shifts inwards, it means the economy is shrinking due to a collapse in issuing resources and production capacity."
"The production possibility curve (PPC )is necessary because it helps in indicating the maximum possible production of items , in fixed resources. In macroeconomics, economists study and support a country or other organization's economic activity with its help."
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I think knowing they have something to complete or look forward to, gives them a sense of hope and motivation for the future.
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Several states transitioned to a popular vote for president, leaving South Carolina and Delaware as the only states in which the legislature chose presidential electors. The election marked the rise of Jacksonian Democracy and the transition from the First Party System to the Second Party System
The 1828 presidential election was the first in which non-property-holding white males could vote in the vast majority of states. By the end of the 1820s, attitudes and state laws had shifted in favor of universal white male suffrage.
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