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How did new inventions create economic growth in the US in the first half of the 1800?
The inventions and innovations of the mid-19th century helped fuel both the economies of the North and South. The manufacturing centers of the North could produce more textiles more easily and efficiently with the technologies while the plantations of the South could produce more cotton with agricultural innovations. Inventions such as the steam engine improved shipping of goods by land and sea.
What else can I help you with?
What comes first economic growth or democracy?
Between economic growth and democracy, economic growth should come first. When a country is able to develop in terms of the economy, then it becomes easier to embrace democracy.
What is necessary for economic growth?
the first and formost aspect in economic growth is human resource development..as we will do more investment in human capital by investing particularly in education and health, we ll get more growth in our economy..to develop the human resources is most important
Describe and analyze how economic stability is measured?
Economic stability is measured in two ways. First it can be measured by the coefficient of variation (stability of output growth) or secondly by the 10 year average for inflation.
Should individual freedom be sacrificed in order to achieve economic growth?
Individual effort is the basis of any form of economic growth. And as history has shown - just look at the Communist countries after WW2 - individual effort is rarely if ever stimulated by lack of personal freedom. So in order to have economic growth, the people that have to realize it have to feel that their efforts will result in a better future for themselves. A government that tries to start economic growth by sacrificing personal freedom, will find that people won't have that trust in the future. Just look at China: the leadership first had to promise greater freedoms before the economic boom could start.
What is the first thing you should do in conducting an economic analysis?
The first step in the process of conducting an economic analysis is to identify appropriate economic indicators for specific economic forecasts or trends.
Why did Alessandro Volta create his inventions?
first batterary
What mechanical inventions did Isaac Newton create?
the first reflecting telescope.
What comes first economic growth or democracy?
Between economic growth and democracy, economic growth should come first. When a country is able to develop in terms of the economy, then it becomes easier to embrace democracy.
What inventions did the ancients create that aided communication?
books paper ink and the first compass
What inventions did the ancient Chinese create that aided communication?
books paper ink and the first compass
What inventions did the wright?
The Wright Brother were the first to create a successful airplane, they did not really invent anything.
What are the first signs of economic growth for a country?
According to the Wise Greek website, the first signs of economic growth for a country are unemployment rates dropping and surplus amounts of products.
What are Hawaii's FIRST inventions and discoveries?
The first Inventions,Discoveries and Firsts of Hawaii was the Surfboard:)
What inventions contributed to the growth of the American economy during the first half of the nineteenth century?
The river steamboat, the telegraph, the cotton gin, and the iron plow
What is necessary for economic growth?
the first and formost aspect in economic growth is human resource development..as we will do more investment in human capital by investing particularly in education and health, we ll get more growth in our economy..to develop the human resources is most important
How does Indian Act affect First Nations economically?
The Indian Act significantly impacts First Nations economically by imposing restrictions on land use and ownership, limiting their ability to develop resources and engage in economic activities. It often hinders self-governance, which can stifle entrepreneurial initiatives and economic development. Additionally, the Act's reliance on federal funding can create dependency rather than fostering sustainable economic growth. Overall, these factors contribute to ongoing economic challenges faced by many First Nations communities.
What was Barack Obama's first action as US President?
Obama's first act was to create jobs and alleviate the economic crisis.
