Which of the following statements is associated with Smith's theory on economic productivity?
a. Subdivision of labor is more efficient than having one worker produce a product entirely by himself.
b. All of the answers are correct.
c. A nation should strive to produce a limited variety of goods.
d. He believed there would be more wealth for all with a free market than with a mercantilist system.
e. Free labor negotiated in the market would lead to more efficient production.
b
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Huguenots made up about __________ of the French population but __________ of the aristocracy.
A. two-thirds; one-twelfth B. one-half; one-quarter C. one-fifteenth; two-fifths D. one-quarter; three quarters
Describe the key assumptions and legislation of the First New Deal with the Second New Deal. Explain why historians have seen fit to identify two New Deals
What will be an ideal response?
The most important contribution of the seagoing privateers during the Revolutionary War was that they
a. gained control of the sea for the colonists. b. successfully invaded the British West Indies. c. captured hundreds of British merchant ships. d. fought the British navy to a standstill. e. made reliance on the French unnecessary.
The United States firm that dominated the economies and governments in most Central American countries in the early 1900s was
a. Kennecott Copper. b. the United Fruit Company. c. General Mills. d. the Dole Corporation. e. Archer Daniels Midland.