0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
The change from an agriculture based economy to an industry based economy is called?
industrialization
Which economic indicator measures the change in prices of specific goods and services over time?
The Consumer Price Index (CPI) basically measures inflation. The CPI takes a basket of goods and sees how much each of those goods costs. A change in the price of this basket of goods produces a change in the CPI. The CPI is representative of the prices of all goods in the economy for the United States and measures the changes in these prices over time.
When inquiring on the nature of a nation's economy statistics such as the Gross Domestic Product and the Consumer Price Index are important measures What is the difference between these?
GDP measures the production of a country, while CPI measures the change over time of price. Hope you're having fun with Study Island :) sucks for you
How do change larger measures to smaller measures?
You divide the numbers.
Measures the changes in velocity?
A change in velocity is acceleration, so a accelerometer
What was the problem that Russia was facing when Stalin realized that the economy needed to change?
Economy needed to change.
How did the economy change of the south?
the
How do you change centimeters to square centimeter?
You don't. One measures length, the other measures area.
Why did the American economy change from a producer durable goods economy to a consumer durable goods economy?
yes
A period of change in an economy is?
transition.
Did Apollo 11 change the economy?
no
Why does the economies changes?
how did the economy change
