What is your question asking?
Answer:
A. Forced introduction of a national currency.
B. Provided federal contracts to arms and clothing manufacturers.
C. Improved infrastructure particularly in the form of the transcontinental railroad and telegraph systems.
Explanation:
The Civil War was a war between the then Northern States who comprised the Union and the then Southern States who comprised ti Confederacy in an attempt to get the Confederacy to rejoin the United States of America.
The war had many casualties but some good was done to the economy in terms of the following;
- There was a forced introduction of a national currency known as the Greenbacks after Congress passed the Legal Tender Act of 1862.
- The Federal Government increased spending in the economy by providing federal contracts to arms and clothing manufacturers to aid the troops.
- Improved infrastructure to enable information get to soldiers faster as well as to move soldiers faster especially in the areas of telegraph development and the construction of the transcontinental railroad.
Answer:
(B) A reduction in risk
Explanation:
Diversification is necessary for investing. In this case, you invest your capital in different investments and you do not need to rely on a single investment for your returns and this also helps to reduce capital lost. Among saving your capital and receiving returns, reduction of capital loss is the primary benefit of diversification. If you invest your capital in one investment and the return is low or there is a poor performance, another investment might generate high returns over the same period of time and your capital loss is reduced.
In this question, it describes a culture that is low in
institutional collectivism. Institutional collectivism is a practice that gives
rewards to the action that gives positive results. In low institutional
collectivism, it shows that an individual gives an effort to reach its goal.
