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A far-reaching river system was an economic advantage for which sections of the US during its expansion and development?

south and west A far-reaching river system was an economic advantage for which sections of the US during its expansion and development?


Which group supported western expansion and economic development?

War Hawks.


What promotes economic expansion by purchasing capital goods improving efficiency and research and development?

Private investment


Why is comparative advantage important in international trade and economic development?

Comparative advantage is important in international trade and economic development because it allows countries to specialize in producing goods and services that they are most efficient at, leading to increased productivity and economic growth. By trading with other countries based on their comparative advantages, nations can benefit from a wider variety of goods and services at lower costs, ultimately promoting global economic cooperation and development.


What played a significant role in economic expansion?

What played a significant role in economic expansion?


What has the author Ian Goldin written?

Ian Goldin has written: 'Comparative advantage' -- subject(s): Comparative advantage (International trade), Agriculture and state, Produce trade 'Exceptional people' -- subject(s): Emigration and immigration 'Trade liberalisation' -- subject(s): Commercial policy, Free trade, Produce trade, International economic relations, International trade 'Economic Reforms, Trade and Agricultural Development' 'Globalization for development' -- subject(s): Capital movements, Economic aspects, Economic aspects of Globalization, Economic assistance, Economic development, Economic policy, Emigration and immigration, Globalization, International economic relations, International trade, Poverty


What was one advantage of the railroad?

One advantage of the railroad was its ability to significantly reduce transportation time and costs, facilitating faster movement of goods and people across long distances. This efficiency not only boosted trade and commerce but also contributed to the expansion of industries and urbanization. Additionally, the railroad connected remote regions to larger markets, enhancing economic development and accessibility.


Is economic growth necessary for economic development?

Economic growth is necessary for economic development but not a sufficient proof of economic development. The improvement of people's living condition is a greater assessment of economic development.


What are the nature of Economic development?

nature of economic development


Was being an island the key factor to Britain's economic expansion in the long 18th century?

Being an island did play a role in Britain's economic expansion in the long 18th century, as it provided a natural defense and control over sea trade routes. However, other factors such as industrialization, the development of financial institutions, colonial expansion, and technological advancements were also crucial in driving Britain's economic growth during that period.


What are drivers for economic expansion?

greed


Which was not an economic effect of colonization?

Which of the following was not an economic effect of colonization? Global economic development