What happens when the supply curve shifts to the left? A positive change in supply when demand is constant shifts the supply curve to the right, which results in an intersection that yields lower prices and higher quantity. A negative change in supply, on the other hand, shifts the curve to the left, causing prices […]
How did Steamboat help the Southern economy?
How did Steamboat help the Southern economy? From carrying cash crops to market to contributing to slave productivity, increasing the flexibility of labor, and connecting southerners to overlapping orbits of regional, national, and international markets, steamboats not only benefited slaveholders and northern industries but also affected cotton production. How did the steamboat impact the economy? […]
What is the metric unit for mass?
What is the significance of the third estate forming the National Assembly and inviting the other estates?
What is the significance of the third estate forming the National Assembly and inviting the other estates? The First Estate represented the nobility, the Second Estate represented the clergy of the Catholic Church, and the Third Estate represented commoners who had amassed enough wealth to make their voices heard in politics. What were the circumstances […]
How did sectionalism affect the United States in the 1800s?
How did sectionalism affect the United States in the 1800s? In the United States Sectionalism increased steadily in 1800–1850 as the North industrialized, urbanized and built prosperous factories, while the deep South concentrated on plantation agriculture based on slave labor, together with subsistence farming for poor whites who owned no slaves. How did sectionalism affect […]
Which is not a financial institution?
Which is not a financial institution? Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops. These non-bank financial institutions provide services that are not necessarily suited to banks, serve as competition to banks, and specialize in sectors or groups. What do financial institutions provide? Financial institutions […]
How would you describe a parent child relationship?
How would you describe a parent child relationship? The Parent-Child Relationship is one that nurtures the physical, emotional and social development of the child. It is a unique bond that every child and parent will can enjoy and nurture. This relationship lays the foundation for the child’s personality, life choices and overall behaviour. How can […]
Why Latin American countries are poor?
Why Latin American countries are poor? This country suffers from low income jobs, poor teaching skills in the rural areas, as well as absence of full benefits for the primary health care and chronic problems that the country has. The poor people in rural areas are at greater risks for health illness because they lack […]
What is the danger in having a lot of debt?
What is the main economic activity in developing countries?
What is the main economic activity in developing countries? Agriculture is the main economic activity of the people of developing countries. Explanation: The developing countries is a country with a less developed industrial base, a high population and low Human Development Index in comparison to other countries. How have connections among the world’s countries improved? […]