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bazaltina [42]
3 years ago
5

What are the five main assumptions of economics

History
1 answer:
Yuliya22 [10]3 years ago
3 0

Answer:

Microeconomics. Microeconomics is the most essential in understanding the economy as a system. ...

Macroeconomics. Macroeconomics, unlike microeconomics, examines the economy as a whole. ...

International Economics. International economics analyzes the flow of goods and services between nations. ...

Theory. ...

History.

Explanation:

im not 100% sure of this... but i really hope this helped!l

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Answer:

Answer given below.

Explanation:

It was challenging to abolish slavery from America because it was the backbone of the South economy. The South, before the Civil War, had more freedom to make its laws. Southerners broke from the government and formed the Confederate States with its constitution and currency. To stop the practice of slavery the Federal government role became crucial.

The Civil War lasted for four years because the South fought it well. After the war, slavery was officially ended and outlawed in the U.S. The nation unified as one and individual states placed under federal control.

The reason both were bitter to one another was the different ideas and destruction it brought. The South blamed the North for invading and destroying their economy. The North blamed the South for breaking up the Union and favouring slavery.

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