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How did steel plow help expand the national market economy?
because it brought more farmers into the farming comunnity
How did the railroad help expand the national market economy?
Helped companies to be able to rovide products faster to different locations.
How did canals help expand the national market economy?
A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
Why is the stock market important to today's economy?
The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!
How did the sewing machine (and improvements) help expand the national market economy?
IT helped by making cloths avaliable to every stores. It also brought the price of clothes and goods down because of such a big outcome produced by sewing machine.
How does competition for financing determine how resource are allocated in the market economy?
Competition for financing determines how resources are allocates in the market economy by having the lending institution make the final decision regarding lending the business the funds to expand.
How did steel plow help expand the national market?
because it brought more farmers into the farming comunnity
What is market separation?
The separation of different financial markets, which can be on a national scale but can also be the international economy.
What is Bolivia economy?
Market Economy.
How can open market operations expand the economy?
An open market policy can be used to stimulate the economic activity by increasing the money supply, lowering the interest rates and the change in reserve banks.
