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What causes an economy to experience expanding production capacity?
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∙ 13y ago
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Is the current US economy on the production possibility curve?
An economy can be producing on the PPF curve only in theory. In reality, economies constantly struggle to reach an optimal production capacity.
What ultimaley led to the recovery of the US economy following the Great Depression?
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
What was the Cuban economy based on the production of?
The Cuban economy was based on the production of sugar.
How does a production possibilities curve illustrate how efficient an economy is?
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
Is an economy is efficient when it has achieved full production?
The economy is efficient only when it has achieved full employment and full production
Is the current US economy on the production possibility curve?
An economy can be producing on the PPF curve only in theory. In reality, economies constantly struggle to reach an optimal production capacity.
What ultimaley led to the recovery of the US economy following the Great Depression?
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
Why was the American economy was Allies best weapon?
The industrial capacity of the US when converted to wartime production insured a steady flow war material to the Allies.
What was the Cuban economy based on the production of?
The Cuban economy was based on the production of sugar.
What ultimately led to the to the us economy following the great depression?
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
What is a input economy?
An economy that speciallizes in the production of inputs
What three factors contributed to Rome's expanding economy?
slaves,property
What ultimately led to the recovery of the recovery economy following the great depression?
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
How does a production possibilities curve illustrate how efficient an economy is?
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
Is an economy is efficient when it has achieved full production?
The economy is efficient only when it has achieved full employment and full production
What types of service business will be expanding in the next decade?
With today's economy so bad, there are still industries that are expanding. Some of these businesses that will be expanding into the next decade are healthcare and technology services.
What is The economy of the US is a?
the economy of the us is a
