The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
Answer:
Industrialization offered new jobs resulted in urbanization. Many people moved from the farm or countryside to urban areas in search of employment or to live near the factories. Industrial Revolution brought significant social changes in the United States.
Explanation:
Answer:
canals were built primarily in the north
The answer is d. there was a long process at Ellis island