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Which factor did not cause America to experience an economic boom after war?
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Why is capitalism called an efficient economic system?
Cause of its comparison to the other economic systems.
The efficiency factor of economic growth is?
The efficiency factor is the sixth ingredient of economic growth. It is used to reach its full production potential, an economy must achieve economic efficiency as well as full employment. The economy must use its resources in the least costly way (productive efficiency) to produce the specific mix of goods and services that maximizes people's well-being (allocative efficiency). The supply, demand, and efficiency factors in economic growth are related. Unemployment caused by insufficient total spending (demand factor) may lower the rate of new capital accumulation (supply factor) and delay expenditures on research (supply factor). Conversely, low spending on investment (supply factor) may cause insufficient spending (demand factor) and unemployment. Widespread inefficiency in the use of resources (efficiency factor) may translate into higher costs of goods and services and thus lower profits, which in turn may slow down innovation and reduce the accumulation of capital (supply factor). Economic growth is a dynamic process which the supply, demand and efficiency factors all interact. Definition- Efficiency Factor - is the capacity of an economy to combine resources effectively to achieve growth of real output that the supply factors of growth make possible
What was the economic cause for World War 1?
Economic Causes of World War OneOne Ecinomical cause of WWI is land, everyone WANTED LAND!
What was the cause of Northern economic growth?
Industry
What is the main cause behind economic slowdown2008?
What_causes_global_economic_crisis
What is leading cause of sources of petroleum on north America waters?
The leading cause of petroleum in North America is the Exclusive Economic Zone.
What was the primary cause of economic differences among the colonies in north America?
homestuck
Would you agree that the economic crisis which started in 1929 was the main cause of World War 2?
No, it was a factor, but the main cause of WW2 was, surely, WW1.
What is the leading cause of sources of petroleum in North American waters?
The leading cause of petroleum in North America is the Exclusive Economic Zone.
What is the downside of increasing economic interdependence?
Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.
What was a primary cause of economic differences among the thirteen colonies in North America?
Geography,,,,,,,,,,,,
What is the leading cause of water pollution in the US?
The leading cause of petroleum in north america is the Exclusive Economic Zone.
Evaluate how economic concerns had more to do with the settling of British North America than did religious concerns?
These economic concerns, as a cause for the colonization of British North America, outweighed the notable religious concerns that arose, and dominated colonial life during and up until the very end of the British colonial era in North America.
Where can one get the best deal on Home warranty in America?
Getting the best deal on a home warranty in America will depend on a lot of things. One major factor in the pricing will be location as location can cause certain things to be more problematic.
Which economic trend of the 1920's helped cause the Great Depression?
The major economic trend of the 1920s that helped caused the Great Depression was likely the unequal distribution of wealth. Another factor was over speculation in the stock market.
Why is capitalism called an efficient economic system?
Cause of its comparison to the other economic systems.
The efficiency factor of economic growth is?
The efficiency factor is the sixth ingredient of economic growth. It is used to reach its full production potential, an economy must achieve economic efficiency as well as full employment. The economy must use its resources in the least costly way (productive efficiency) to produce the specific mix of goods and services that maximizes people's well-being (allocative efficiency). The supply, demand, and efficiency factors in economic growth are related. Unemployment caused by insufficient total spending (demand factor) may lower the rate of new capital accumulation (supply factor) and delay expenditures on research (supply factor). Conversely, low spending on investment (supply factor) may cause insufficient spending (demand factor) and unemployment. Widespread inefficiency in the use of resources (efficiency factor) may translate into higher costs of goods and services and thus lower profits, which in turn may slow down innovation and reduce the accumulation of capital (supply factor). Economic growth is a dynamic process which the supply, demand and efficiency factors all interact. Definition- Efficiency Factor - is the capacity of an economy to combine resources effectively to achieve growth of real output that the supply factors of growth make possible
