What caused the major economic conflict between the North and the South immediately before the outbreak of the Civil War?
A. Agricultural development.
B. Industrialization in the North.
C. Trade barriers with England.
D. All of the choices are true.
D. All of the choices are true.
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About ________ of research on new medicines is carried out in the United States
A) 10 percent B) one-half C) two-thirds D) 90 percent
Identify the six basic requirements that economists generally agree must exist for a successful transition from socialism to a market-based system
What will be an ideal response?
Resources
What will be an ideal response?
Country A would have an absolute advantage compared to Country B in the production of corn if
A. Country A uses fewer resources to produce corn than Country B does. B. the demand for corn is higher in Country A than in Country B. C. corn can be produced at lower cost in terms of other goods than it could be in Country B. D. corn sells for a higher price in Country A than in Country B.