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]
3 years ago
14

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

History
1 answer:
Katena32 [7]3 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
The use of machines had what impact on production of goods? A revolution of production had begun. More goods could be produced i
Montano1993 [528]

Although (A revolution) is correct, it DOES NOT fit for the question that is asked because they want to know what impact machines had on PRODUCING goods.

More goods could be produced in a short amount of time (would be the best answer because it directly answers the question on how machines impact the production of goods...machines make it possible to create more goods/products in a shorter amount of time than could be made by hand).

People wanted machines in their home DOES NOT answer the question and is completely irrelevant. It is an opinion rather than an answer to the question. It makes no sense, so you can cross that one off.

Machines made working by hand highly profitable. Also DOES NOT answer the question. If anything, the use of machines weeded out the production of products by hand. For example: Why wait two weeks for a shoe maker to make your shoes when you could go to a store that has a pair of shoes already in stock on the shelf that were just delivered from the factory, where a machine made them in less than a day. This all involves supply and demand. The demand for that pair of shoes is high. People what them now, not in two weeks. So again that is not a good answer.

3 0
3 years ago
Read 2 more answers
The United States was never occupied during world war ll and why
Liono4ka [1.6K]

Answer:

World War II

The road to war

After World War I most Americans concluded that participating in international affairs had been a mistake. They sought peace through isolation and throughout the 1920s advocated a policy of disarmament and nonintervention. As a result, relations with Latin-American nations improved substantially under Hoover, an anti-imperialist. This enabled Roosevelt to establish what became known as the Good Neighbor Policy, which repudiated altogether the right of intervention in Latin America. By exercising restraint in the region as a whole and by withdrawing American occupation forces from the Caribbean, Roosevelt increased the prestige of the United States in Latin America to its highest level in memory.

hope its help

<em><u>and</u></em><em><u> </u></em><em><u>please</u></em><em><u> </u></em><em><u>follow</u></em><em><u> </u></em><em><u>meee</u></em><em><u> </u></em><em><u>please</u></em>

7 0
3 years ago
APPLYING MAIN IDEAS Who was the commander of the Allied forces in Europe? a. Douglas MacArthur C. Dwight D. Eisenhower b. George
mel-nik [20]

Answer:

General Dwight D. Eisenhower

Explanation:

He became General in the European theater (area) and by 1943 was Supreme Allied commander of all of Europe.

Hope this helps :)

5 0
3 years ago
4. “The inflexible heart breaks first, the toughest iron cracks first.” Who
Tom [10]
2 O Creon said it about Antigone
7 0
3 years ago
Zhou merchants were often rewarded with government jobs. true or fasle
umka2103 [35]

Answer:

False

Explanation:

8 0
3 years ago
Other questions:
  • What two European countries influenced the culture of Latin American countries? What was this influence
    12·1 answer
  • Why did so many reform initiatives of the early twentieth century emerge in large cities?
    14·2 answers
  • What are emperor Justinians achievements
    10·1 answer
  • Which of the following is a common feature in the ideology of fascism?
    5·2 answers
  • Can i have help on egypt and the middle kingdoms
    6·2 answers
  • Do you believe that third parties benefit or hurt the electoral process in the US?
    5·1 answer
  • Question 1
    14·1 answer
  • Which are examples of education reforms in the mid-1800s?
    11·2 answers
  • A company decided to pass a policy banning cell phones on their property. A group of employees collected signatures to protest.
    10·1 answer
  • Cuales fueron los cuatros grupos misioneros que llegaron a evangelizar<br> la nueva España
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!