The completion of the Transcontinental Railroad greatly affected companies that made products in that it made it far easier for them to transport their goods over long distances to markets, which greatly increased profits and output.
Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
The French King that declared I am the state is B.
Answer:
They were extremely mistreated in the 1930s due to being used as a scapegoat for all of Germany's issues at the time.
The presidential line of succession is a lengthy list. The start of the list reads:
- Vice President
- Speaker of the House of Representatives
- President pro tempore of the Senate
- Secretary of State
and that's the order in which the succession happens. There are many others waiting in line behind the Secretary of State. I chose not to list them because it would make this post way too lengthy.
This list makes sense because it's listing senior members in politics, and those members are part of the political process. On the other hand, members like the Speaker of the House, or president pro tempore of the senate don't really make much sense here. These members may be of a different political party of the president and could contradict the president's goals.
In my opinion, it's best to list out the cabinet members after the vice president. The secretary of state seems like a good cabinet member to start with, then secretary of defense is the next best in line. These two positions deal with foreign affairs which is a handy thing to have in time of crisis. The secretary of treasury is also a good consideration as well since many crises involve money in some way.
