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S_A_V [24]
3 years ago
5

Based on the reading, which economic system is the most efficient at distributing goods and services? Why?

History
2 answers:
zimovet [89]3 years ago
8 0

Answer:

Market economies are the most efficient economic systems

Explanation:

this is because they have little government intervention, allowing private ownership to determine all buisness decisions based on market factors.

Iteru [2.4K]3 years ago
5 0
Yawa thanks po
Yunlang
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I don't really understand the Vietnam War, and I need a simple summary of it. Help, please!!
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The Vietnam War was the United State's attempt to stop communism from spreading across Eastern Asia. At the time it was believed that if Vietnam fell to communism, a Domino Effect would occur, and many states around Vietnam would fall to communism. While the US sent many troops, more than 500,000 by 1965, the war effort ended up being pointless and Vietnam fell to communism in the 1970s. The US left Vietnam in 1973, leaving South Vietnam to fall by 1975. 
5 0
3 years ago
What were some of the problems faced by farmers in the period between 1877 and 1898?
Ivenika [448]

Answer:

Agricultural Problems and Gilded Age Politics. And Some Protest Movements.

Explanation:

Farmers no longer controlled the social, economic, or political systems and this was a bitter pill to swallow. II. The Unresponsiveness of the Republican and Democratic Parties to Agrarian Needs. During the Gilded Age from 1877-1896, political competition between the two major parties was incredibly intense and close.

And, After the American Civil War (1861–1865) agricultural prices began a long decline that lasted for a generation. Between 1870 and 1897 wheat fell from $106 per bushel to $63; corn fell from $43 to $29; and cotton fell from 15 cents a pound to five cents. At the same time farmers' costs of operation remained constant or increased. These costs included freight rates, interest on loans, and the cost of machinery and other needed commodities.

The cause of the farmers' troubles was overproduction occasioned by the expansion of the agricultural domain—it doubled during the same period—coupled with more efficient methods. Increased production overseas also contributed. However, U.S. farmers did not recognize the complexities of the matter. They believed they were the victims of a conspiracy generated by the railroad companies, the bankers, the grain elevator operators, and conservative politicians who favored a money system based on the gold standard. The latter was an outgrowth of the specie theory of money which held that precious metals must stand behind the circulating medium (money) to give it value. This system tended to keep money scarce and prices low. The farmers and their political leaders, on the other hand, adhered to the quantity theory of money which held that the amount of currency in circulation should be flexible (based on production) in order to meet the needs of all producers and debtors as well as creditors. A system based on this theory would tend to enlarge the money supply and make credit more easily available. It would also tend to drive prices up.

Therefore, The main problems American farmers faced in the 1890s included the steady decline of prices due to foreign competition and domestic overproduction, and the high rates charged by railroads and grain elevator operators to transport and store grains.

8 0
3 years ago
Which statement explains how passage of the Selective Service Act affected World War I?
Fudgin [204]
"It increased the capacity of the United States to provide military support to the Allies" is the statement among the following choices given in the question that <span>explains how passage of the Selective Service Act affected World War I. The correct option among all the options that are given in the question is the third option.</span>
7 0
4 years ago
Read 2 more answers
Estate to which clergy belonged
Dominik [7]
It has been a while since I have studied it, but I believe that the Clergy was represented by the First Estate.
3 0
4 years ago
The New England Schoolteacher
Valentin [98]

St. Paul:

- Hardly even a town in

- Buildings were mostly log huts

- Streets were bumpy and muddy

Citizens:

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- Mostly men

- Not many school-aged children lived in the

- About half of the parents could read

School House:

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- Small, dirty windows let in hardly any sunlight

- Rats and snakes lurked in the corners

You can choose which two details you would like to use.

Hope this helped :)

Have a great day!

4 0
3 years ago
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