In the Civil War, the Anaconda Plan involved stopping the flow of goods in and out. Early in the American Civil War, Union General Winfield Scott suggested the "Anaconda Plan," a military tactic. The strategy planned for the strangulation of the South by Union land and naval forces, a naval blockade of the Confederate littoral, and a thrust down the Mississippi.
<h3>What was prevented by the Anaconda Plan?</h3>
Early in the American Civil War, Union General Winfield Scott suggested the "Anaconda Plan," a military tactic. The strategy planned for the strangulation of the South by Union land and naval forces, a naval blockade of the Confederate littoral, and a thrust down the Mississippi.
<h3>What does the Civil War's Anaconda Plan entail?</h3>
The comical portrayal of General Winfield Scott's "Anaconda Plan" to choke the southern states by stopping cotton exports and all imports is found in Scott's Great Snake, which was first published at the start of the Civil War. On inland rivers, blockading fleets were also utilized to support Union military operations.
To Know more about Union military
brainly.com/question/13466216
#SPJ9
The economy operates according to the law of supply and demand for goods and services. According to this theory, the interaction between supply and demand for a good or service fits and the vector of adjustment is price.
If the price is high, there is more supply than demand. If the price is low, there is more demand than supply. If demand increases, price increases and supply increases. If demand falls, the price falls. That is, the price makes the interaction. There will be a moment where the quantity offered is exactly equal to the quantity demanded, at which point the price practiced is the equilibrium price.
So if an economy is in equilibrium at a time and then the price charged is higher than the equilibrium price, it means that demand has gotten higher than supply.
<u>However, none of the alternatives would explain why a price is charged above the equilibrium price.</u> <u>The answer is the reverse of what is written in alternative (A)</u>. The truth is this: As the quantity demanded rises, the price rises above the equilibrium price. <u>This is the answer</u>.
The alternative (B) is true, although it does not answer the question of the problem. If prices rise, demand falls. This is because the high price discourages consumption.
BTW, I'm an economist and I'm sure.
William Jennings Bryan is a Democrat, has support of populists and wants inflation to help farmers. William McKinley is a republican, has support of bankers and businessmen, and doesn’t inflation
