Increase in availability of GMO food has reduced the cost of food stems worldwide. This emanates
from the technology adopted. The technology adopted has been cost-reducing and
productivity-enhancing. Consequently, this has enhanced global productivity.
Crops such as soybeans, corn, and canola have therefore seen their GMO cost of
production remain below that of the same crops grown in the conventional
way.
The policy that William Jennings Bryan based his candidacy for president on was bimetalism or free silver. Since there was a strong recession in the United States at the time, they believed this policy would inflate the currency and make it easier for debtors to pay back loans.
Answer:
<u>The correct answer is B. Cotton cloth.</u>
Explanation:
From 1780 to the beginning of the 19th century, British exports of cotton fabrics increased tenfold. At the same time, productivity increases allowed to reduce the prices of some products to one sixth. Similar transformations in the short term of two or three decades had never occurred before. There is no doubt that in the face of such magnitude it is not an exaggeration to call it a revolutionary; this leap forward that gave birth to modern economic development is one of the fundamental milestones of England's economic history.
At the level of international trade, the transformation of the British cotton industry made it possible for English merchants to dominate the world market in a way and on a scale that had never occurred.