Which statement best describes why Progressives worked to reform the meat-packing industry in the early 1900s?

A system of economics in which producers and consumers make their own decisions to meet their needs and wants.

seraphim [82]

Answer:

In a market economy, the private-sector businesses and consumers decide what they will produce and purchase, with little government intervention. ... In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.

Explanation:

4 0

3 years ago

Can a national crisis cause a shift in the balance of power between two major parties?

VashaNatasha [74]

Yes because national crises causes stress and people to sway their opinion.

8 0

3 years ago

Was Thomas Jefferson a successful leader for our nation?

aleksandrvk [35]

Answer: Thomas Jefferson was a strong supporter of allowing all people: the common man, the wealthy, and even slaves to be treated equally. He wrote the Declaration of Independence, fought for a U.S. Bill of Rights, and advocated for an amendment to end slavery.

Explanation: Hope this helps!

4 0

2 years ago

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What are some of the challenges the Philippines has faced since gaining its independence? Select all that apply.

dimulka [17.4K]

The correct options are:

military dictatorships
rebellions and insurgencies
high rates of poverty

After gaining its independence, the young nation faced several problems: the country had to be rebuilt from the ravages of war and reach an agreement with several Japanese collaborators and entrepreneurs to begin their economic development. Meanwhile, the Hukbalahap, a rebel communist army that previously fought against the Japanese, remained active in rural areas. Finally, this threat was addressed by the Secretary of National Defense and later president Ramón Magsaysay, although some sporadic cases of communist insurgency continued to be presented. In 1965, Ferdinand Marcos was elected president, with his wife Imelda Marcos at his side. As the Constitution forbade being re-elected more than twice for the presidential office, at the end of his second term he declared martial law on September 21, 1972. To continue governing by decree, he used as arguments the political division, the tension of the War Cold and the specter of the communist rebellion and the Islamic insurgency in the country. Thus began a dictatorship that lasted more than ten years and was characterized by strict control of the economy and political repression.

The return of democracy and reforms to the government after the events of 1986 were hampered by the national debt, corruption, coup attempts, a persistent Communist insurgency and Islamic separatist movements. Although the economy improved during the administration of Fidel V. Ramos, who was elected president in 1992, the start of the 1997 Asian financial crisis halted these advances.

8 0

3 years ago

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The value of the currency of Country X appreciates relative to the currency of Country Y. How will this affect producers?

Mama L [17]

Answer:

1. The correct options are:

Option A. Country X should specialize in automobiles and Country Y should specialize in aeroplanes.

Option D. Country X has both an absolute and a comparative advantage in the production of automobiles.

Option E. Country Y has a comparative advantage in the production of aeroplanes.

This is because of the opportunity cost and the production amount of the goods. It will be an asset for a country if they use small capital for the production of a large number of goods.

2. The correct answer is:

Option C) imports and exports

The balance of trade agreements wholly depends on imports and exports. It is the major element by which the trade deals are maintained.

The stability between export and import tells about the country's situation of being a trade surplus or deficit position.

3. The correct answer is:

Option D. tariffs and quota.

Tariffs are the tax implemented on import goods and quota is employed to restrict the quantity of a particular type of goods and services. The imposition of this acts as an economic blockade to trade.

4. The correct answer is:

Option C. by limiting consumer choice

Option E. by causing prices of domestic goods to rise

When boundaries like tariffs and quotas are executed then the price of the goods increases due to the limited quantity of the supplies.

5. The correct option is:

option B) Free trade agreements usually require countries to reduce trade barriers that protect domestic industries.

Free trade is opposed because it will lower the price of shipped goods from the country and will result in losses and a drop in the economy.

6. The correct answer is:

Option B. Kenya

The family should visit Kenya as the currency exchange rate in the country is the lowest as compared to other nations. Therefore, they will get most local currency in exchange for the dollar.

7. The correct option is:

Option A.Japanese importers of goods from the United States

Option E. Japanese tourists visiting the United States

The imports would become cheaper and more goods can be imported with fewer funds.

Japanese tourists will be able to enjoy more in the United States as the exchange price will favour them.

Explanation:

3 0

2 years ago