Henry Ford is most recognized for:

a. inventing new technology to further the steel production process.
b. developing the first investment banks.
c. implementing the first progressive, moving assembly-line system for large, complex final products.
d. playing an integral role in developing the first American factory.


c. implementing the first progressive, moving assembly-line system for large, complex final products.

Economics

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Which of the following methods did the government adopt in order to keep agricultural prices from falling too low?

a. reliance on free-market equilibrium b. soil bank programs c. land purchase subsidies d. mortgage relief e. price ceilings

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How would the discovery of a previously unknown large reserve of oil affect the short-run aggregate supply curve and why? What other change could have the same effect?

What will be an ideal response?

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What fundamental element of a political union is the European Union missing by Britain’s decision to opt out of provisions such as the EU Charter of Fundamental Rights, the Schengen Agreement, and the Eurozone?

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