Answer:
It hurt them by reducing the money they had to pay back loans.
Explanation:
After the civil war, the West region found itself in a great expansion and attracted many independent farmers who saw that land as an opportunity to grow economically. However, the war caused a sharp drop in the prices of agricultural products, causing these farms to spend more money than they profited from their farms, which ended up generating debts that were accumulating more and more.
The correct answer to this open question is the following.
This is a market economy. And we are referring to Switzerland, one of the greatest countries in the world to live and prosper.
A market economy has all the characteristics mentioned in the text above. It allows the competition of many industries with minimum governmental regulation. Prices of products and services are established by supply and demand. That number of industries allows the creation of many jobs and particularly in Switzerland people enjoy a high level of life with minimum poverty.
On the other hand, in a command economy, it is the state which decides what products are to be produced, how many, and the price is fixed by the government that totally controls the production process.
Allowed for echolocation and underwater discoveries such as study of marine life
Global trade was established with america, and capitalism grew
