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where is the actual question? i cant answer it if i don't know what it is
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Taking Country B as a comparison to the United States,
Country B -
1 barrel of oil = 7 hrs
1 ton of coal = 3 hrs
U.S. -
1 barrel of oil = 4 hrs
1 ton of coal = 5 hrs
Country B has the comparative advantage in coal production over US because it takes less time to produce 1 ton of coal. The opposite is true for oil production as US takes less time for 1 barrel of oil.
Availability and use of a natural resource give a country an advantage over another that does not. It takes less time with easily accessible national resource to produce something; such as oil and coal.
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Most of the academic work on the Mexican Revolution (1910-1920) has focused on sociopolitical and military affairs; few scholars have considered the economic aspects of the period. Even though business historians know now that the Revolution did not bring generalized chaos or total destruction of manufacturing, we still need more research on economic issues. This article analyzes the evolution of the businesses of the Braniff family, as well as their involvement in politics once the regime of Porfirio Díaz collapsed. It examines the Braniffs' political ideas, their strategies to gain power, and their support of the political faction favorable to their interests. The article exposes the tactics the family used to guarantee the safety of their businesses, the losses they suffered, and the new ventures they made after the Revolution.
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Several states transitioned to a popular vote for president, leaving South Carolina and Delaware as the only states in which the legislature chose presidential electors. The election marked the rise of Jacksonian Democracy and the transition from the First Party System to the Second Party System.
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The Sino-Japanese war happened first in Aug 1, 1894 – Apr 17, 1895The Russo-Japanese war happened next in Feb 8, 1904 – Sep 5, 1905
The Japan officially annexes Korea is last in 1910
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