Why do natural monopolies exist? In essence natural monopolies exist because of economies of scale and economies of scope which are significant relative to market demand. Because productive efficiency requires that only one firm exist, natural monopolies are typically subject to government regulation. What are some of the benefits of a natural monopoly? 8 Benefits […]
What African music and dance came to the Americas primarily through?
What African music and dance came to the Americas primarily through? slaves C. colonists D. missionaries. Weegy: West African music and dance came to the Americas primarily through slaves. What are two of Africa’s most abundant mineral resources What might prohibit Africans from benefiting economically from these natural resource? Stack #2552131 Question Answer Describe two […]
What does the 19th Amendment?
What does the 19th Amendment? Passed by Congress June 4, 1919, and ratified on August 18, 1920, the 19th amendment granted women the right to vote. The 19th amendment legally guarantees American women the right to vote. Achieving this milestone required a lengthy and difficult struggle—victory took decades of agitation and protest. Which state was […]
What is meant by ethnic cleansing?
What is meant by ethnic cleansing? rendering an area ethnically homogeneous by using force or intimidation to remove persons of given groups from the area.” In its final report S/1994/674, the same Commission described ethnic cleansing as “… a purposeful policy designed by one ethnic or religious group to remove by violent and terror-inspiring means […]
Why did Winston Churchill use the phrase Iron Curtain to describe the division between the Soviet empire and the rest of the world?
Who opposed the Second Bank of the United States?
Who opposed the Second Bank of the United States? Supporters of Biddle’s bank outnumbered detractors: 128,117 people signed memorials to save the bank as opposed to 17,027 who signed memorials opposing the bank. Why did the Whigs support the National Bank? The Whig Party was formed during the 1830s by the union of diverse factions […]
How will you describe the economic institution?
How will you describe the economic institution? The term “Economic Institutions” refers to two things: Specific agencies or foundations, both government and private, devoted to collecting or studying economic data, or commissioned with the job of supplying a good or service that is important to the economy of a country. What are the different types […]
What did the Greeks Romans contribute to modern society?
What did the Greeks Romans contribute to modern society? The Romans did not have the Greek temperament for philosophy and science, but they had a genius for law and civil administration. The Romans were also great engineers and builders. They invented concrete, perfected the arch, and constructed roads and bridges that remain in use today. […]
Why economic models are useful?
Why economic models are useful? Economists use models as the primary tool for explaining or making predictions about economic issues and problems. For example, an economist might try to explain what caused the Great Recession in 2008, or she might try to predict how a personal income tax cut would affect automobile purchases. What is […]
What does the word Seminole mean?
What does the word Seminole mean? Seminole, North American Indian tribe of Creek origin who speak a Muskogean language. By about 1775 those migrants had begun to be known under the name Seminole, probably derived from the Creek word simanó-li, meaning “separatist,” or “runaway.” The name may also have derived from the Spanish cimarrón, “wild.” […]