The Italian Renaissance was a time of cultural differentiation;
With various types of cultures - which had distinct religions - changing the life of those who were Italian, the Italian race or you could say, power prevailed greatly. With more cultures colliding towards one another during the Italian Renaissance, there was, of course, a lot of wars or hostile behaviour against one another.
In the future, this lead to many successes during the Italian Renaissance such as technology levels rising and the race of all Italians began to expand worldwide.
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Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
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The Birth of Mass Culture During the 1920s, many Americans had extra money to spend, and they spent it on consumer goods such as ready-to-wear clothes and home appliances like electric refrigerators. In particular, they bought radios.
via history.com
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A.
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Registering to vote in one's home state.
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It increased significantly
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Household Income changes over time
The median household income rose significantly from 1993 to 2001, although there were disparities in the increases but the median household income increased from $50,725 in 1992 to $57,790 in 2000, a 13.9% increase before ending years of president Clinton's tenure.
