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Marysya12 [62]
3 years ago
11

. What type of economy would you prefer to live in - traditional, command, market, or mixed? Make sure to justify your opinion w

ith the economic principles you have learned.
History
1 answer:
iVinArrow [24]3 years ago
6 0

Answer:

Market economy is the best to live in

Explanation:

Market system economy is one of the most efficient economy system. The resources in a market economy move itself to the places where they are needed.  Resource allocation is one of the major issue in all other economy types.  

Here in case of market economy, the companies are encouraged by market force to move fast and reallocate their resources thereby making the system more efficient. This further leads to enhanced productivity and innovation.  

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Westkost [7]

Answer:

I believe that the answer is B.  Cotton farmers grew rich because France paid higher prices than those paid by the North.

Explanation:  The Civil War affected the Southern economy by 1815, cotton was the most valuable export in the United States; by 1840, it was worth more than all of the other exports combined.  But, while the Southern states produced two- thirds of the world's supply of cotton, the South had little manufacturing capability, about 29 percent of the railroad tracks, and only about 13 percent of the nation's banks.  The South did experiment with using slave labor in manufacturing, but for the most part it was well satisfied with its agricultural economy.  The North, by contrast, was well on its way toward a commercial and manufacturing economy, which would have a direct impact on its war making abilities.  By 1860, 90 percent of the nation's manufacturing output came from Northern states.  The North produced 17 times more cotton than in the South.  Other Northern industries such as weapons, manufacturing, leather goods, iron production, textiles, grew and improved as the war progressed.  But, the same was not true in the South. The twin disadvantages of a smaller industrial economy and having so much of the war fought in the South hampered Confederate growth and development.  Southern farmers (including cotton growers) were hampered in their ability to sell their goods overseas due to Union naval blockades.  Union invasions into the South resulted in the capture of Southern transportation and manufacturing facilities.  

3 0
3 years ago
What two races make up the Latino race?
Anarel [89]
Cuban and Spaniards.
7 0
3 years ago
Which of these is an indicator of increased economic growth in a nation or state?
Alex777 [14]

Answer:

A

Explanation:

by increasing job satisfaction the young guys don't go out side the country and do work for the development of the nation

8 0
3 years ago
In 1858, Abraham lincoln lost the senate seat to stephen douglas because
AleksandrR [38]

Answer:

Democrats won the majority in the legislature.

Explanation:

6 0
3 years ago
Read 2 more answers
Which term means "consent of the governed"?
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The answer is popular sovereignty
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4 years ago
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