1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetlanka [38]
2 years ago
14

explain the factors that influenced economic growth in the united States in the mid-nineteenth century

History
1 answer:
Katena32 [7]2 years ago
6 0

Natural resources

Technology

Law

capital or Infrastructure

Population or labour

Human capital.

EXPLANATION:

1. Natural Resources

The discovery of more natural resources such as oil, or mineral deposits may boost economic growth as this shifts or increases the country’s Production Possibility Curve (PPC). Other Natural resources are land, water, forests and natural gas.

2. Physical Capital or Infrastructure

Increased investment in physical capital, which are factories, machinery, and roads, will lower the cost of economic activity. Better factories and machinery are more productive than physical labor.

3. Population or Labor

A growing population means there is an increase in the availability of workers or employees, which means a higher workforce. One disadvantage of having a large population is that it could lead to high unemployment

4. Human Capital

An increase in investment in human capital can increase the quality of the labor force. This increase in quality would result in an improvement in skills, abilities, and training. A skilled labor force has a significant effect on growth since skilled workers are more productive.

5. Technology

Another influential factor is the development of technology. The technology could increase productivity with the same levels of labor, thus accelerating growth and development.

6. Law

An institutional framework that coordinate economic activity such as rules and laws. There is no specific set of institutions that promote growth.

You might be interested in
Tesla's contributions to radio are so important that A. Marconi needed his help to finish the job. B. rich Europeans deserted Ma
Novay_Z [31]

C.Thomas Edison asked him back to work.

4 0
3 years ago
Were conditions in the Triangle Shirtwaist Factory usual for factories at the time?
algol13

Answer:

Yes, they were

Explanation:

Triangle Shirtwaist Factory made the news after a fire incident that resulted in 145 workers death.  After investigations, it's found that the fire actually caused by the owner's neglect to provide safety measurements in the workplace.

This event occurred in 1911. At that time, the government hasn't passed the laws needed to force the employers to follow a strict regulation to maintain workplace's safety. Maintain this regulation tend to cost the company a lot of money. This is why The majority of factories in that time did not follow a safety standard.

3 0
3 years ago
What are some differences between the The General Assembly and the Civil Rights Movement
mihalych1998 [28]

Answer:

Explanation:

What is the difference between a civil right and a human right? Simply put, human rights are rights one acquires by being alive. Civil rights are rights that one obtains by being a legal member of a certain political state.

6 0
2 years ago
This event in 1917 marked the beginning of communist rule in Russia.
Ipatiy [6.2K]
B, should be correct.

Have a nice night! Mark if correct!
4 0
2 years ago
Read 2 more answers
How might the inconsistent use of daylight saving time have caused problems
jeka57 [31]
<span>Here are some problems caused by inconsistent use of daylight saving time: <span>Increases the risk of heart attack and strokes - heart attacks may occur often because of the stress of starting a new work week and changes in their sleep-wake cycle.Sleep deprivation - setting the clock forward 1 hour for daylight saving time might mean losing an hour of sleep on the morning after the change.<span>Increases car accidents - losing hours of sleep cause people to struggle to stay awake behind the wheel resulting to higher risk of car crash.</span></span></span>
7 0
3 years ago
Other questions:
  • What was the essential idea behind Jefferson imposition of the embargo and why did it finally fail
    11·1 answer
  • At which conference was the Allied invasion of Italy agreed upon?
    13·1 answer
  • Why did the Atlantic slave trade from Africa begin? (30 pts, will mark brainliest!)
    6·1 answer
  • Under the Articles of Confederation, if Virginia had ten thousand citizens and Delaware had five thousand citizens, how many rep
    14·2 answers
  • Why might it be better to save up some money and buy something later than to buy it on credit now?
    14·1 answer
  • The necessary and proper clause _____. A) allows Congress to regulate commerce B) allows Congress to control the money supply C)
    6·2 answers
  • A Spanish soldier describes Tenochtitlan: "The great city...has many broad streets, though among these are two or three pre-emin
    10·2 answers
  • L 1.3.4 Quiz: Essay Writing in World History
    12·1 answer
  • How did the Maya use the rugged highlands?
    15·2 answers
  • What would happen to industrialized nations’ economies if they did not expand their reach abroad? Nations would avoid shortages
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!