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.
Answer:
I would probably say "C"
Explanation:
"B" is unlikely as he lived in New York, a more modernizing state, while those in favor of farming lived in the South.
"D" is unlikely because he stood with the Federalists, who believed in a strong central government. Anti-Federalists believed in strong state governments.
"A" would be my second choice, but "C" makes the most sense as Hamilton dealt mostly with economics. He was the first Treasury Secretary and he established the first national bank.
The answer would be B, You add up all the numbers and divide it by how many there are. I hoped this helped!
Mercantilism the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.
