The correct answer is the second option
Answer:
Explanation:
The American Civil War preserved the Union and freed the slaves. However, during Reconstruction, a lack of political focus on the effort failed to solve the sectional wounds, and the elimination of the freed slaves' newly gained civil liberties failed to bring about long-term racial integration.
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The standard of living is improved through something called "comparative advantages", which means that, relative to the nations' total output and ability to make other things, each nation produces something that they're better at making than the other. When the nations trade, they are able to use these comparative advantages to create a more efficient, productive economy.
Even if one nation is wealthier or better off than the other, this principle means that both countries can still become better off through trade.
