It means it has both in it, not just one or the other
Hongwu cut government spending and established efficient taxation. Also rebuilding the agricultural system and supported the growth of manufacturing and economics to help the lives of peasants
Answer:
There was great wealth in the South, but it was primarily tied up in the slave economy. In 1860, the economic value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the Civil War, cotton prices were at an all-time high.
Explanation:
The Civil War benefited the Northern economy, but it left the Southern economy in absolutely terrible condition. ... The North had a more industrialized economy and therefore benefited from the railroad boom and the manufacturing of wartime products.
The Economic Cycle.
An economy when graphed will essentially look like a wave. It may not be perfect, as there will be different size expansions and contractions/recessions.
Expansions is when the market is doing well or correcting from a recession. The Peak is the highest point that specific economic period can achieve. From there, the market will enter a Recession or Contraction where it goes down. It’s Trough is the lowest point that the contraction will reach.
Answer:
Pangunahing sanhi ng Rebolusyong Amerikano ng kolonyal na pagtutol sa mga pagtatangka ng British na magpataw ng higit na kontrol sa mga kolonya at gawin silang bayaran ang korona para sa pagtatanggol sa kanila noong Digmaang Pransya at India (1754–63). ... Alamin ang tungkol sa Boston Tea Party, ang radikal ng mga kolonista
