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What economic factors would influence Southern plantation owners to choose to grow cotton on their land instead of growing any other crop?
Wiki User
∙ 12y ago
opportunity cost
Wiki User
∙ 12y ago
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What is the meaning of economic factors?
Economic factors are the resources that can influence a person on his/her every day life.
How global macro-economic factors influence the supply and demand of agricultural input?
Macro economic factors globally influence supply and demand. These factors include climate and disasters resulting in skewed outcomes versus predictability in agriculture.
What are the definition of economic influence?
Economic influence is the effect that an event, policy, or market trend will have on economic factors. These economic factors include interest rates, consumer confidence, and the stock market. For example, a bank that declares bankruptcy will affect consumer confidence and stock prices related to that bank.
What are three economic factors that influence what people buy?
Answer The three economic factors that influence people to buy are as follows. 1.Advertising 2. Good pricing 3. Credit cards that offer low interest rates.
Factors influencing economic growth?
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
What is the meaning of economic factors?
Economic factors are the resources that can influence a person on his/her every day life.
What are the factors that influence family clothing needs?
socil economic and psychological factors influence the clothing needs of a family
Which factors did not influence the economic development of the US?
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What two factors allowed southern plantation to be so productive?
Slavery. Cotton Gin. Climate.
How global macro-economic factors influence the supply and demand of agricultural input?
Macro economic factors globally influence supply and demand. These factors include climate and disasters resulting in skewed outcomes versus predictability in agriculture.
What were plantation owners called?
A. cotton belt B. factors C. planters D. spirituals
What are the definition of economic influence?
Economic influence is the effect that an event, policy, or market trend will have on economic factors. These economic factors include interest rates, consumer confidence, and the stock market. For example, a bank that declares bankruptcy will affect consumer confidence and stock prices related to that bank.
What are three economic factors that influence what people buy?
Answer The three economic factors that influence people to buy are as follows. 1.Advertising 2. Good pricing 3. Credit cards that offer low interest rates.
Factors influencing economic growth?
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
What are economic factors that influence young drivers?
Cost of insurance, gas and a vehicle to drive.
What are the factors that influence the type of a house?
The factors that influence the of house bulit in a region (!)the location and climate of a place (2)the construction materials available locally (3)the economic condition of the people
What are the factors that influence language planning?
Factors that influence language planning include sociopolitical considerations, such as government policies and national identity; demographic factors, like population size and distribution of linguistic groups; economic considerations, including language's impact on trade and business; and cultural factors, such as the preservation of heritage languages and promotion of linguistic diversity.
