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What else can I help you with?
What is the business of how goods can be produced more quickly called?
Expansion
What effect did machines have on Americans?
Goods were produced more quickly and cheaply
Why shop at the farmers market?
Products are often fresher and cheaper. You can also talk to the people who have produced the goods and find out more about them and their goods and how they are produced.
What was one result of increased advertising after World War 1?
Americans bought more consumer products More goods were produced and sold -More people bought on credit.
Why do consumers directly benefit from greater productivity?
Goods and services are produced faster and can be sold more cheaplyGoods and services are produced faster and can be sold more cheaply.It is easier to compare prices. Goods and services are produced faster and can be sold more cheaply.
What effect did the Industrial Revolution have on agriculture?
Farming produced more goods and needed fewer people.
What statistics are there about people starting to buy more locally produced goods?
Because they are produced proplerly
How did British regain their market for manufactured goods in America?
To regain the market for manufactured goods in America the British by reducing the cost of the goods they produced. By reducing the cost of the goods produced the British started making money and export more goods.
Why is what to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
Why is to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
What is the desired outcome of investing in capital goods?
Study Island - The goods will assist in creating more capital.
What was the goal of plantation?
The goal of plantation was to make more goods more quickly to make more money.
