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What innovation opened the way for producing many different kinds of goods on a mass scale?
they wanted to eat babby cats
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What key invention deepened this connection?
The invention of the steam engine significantly deepened the connection between different regions during the Industrial Revolution. By facilitating faster transportation of goods and people, it enabled greater trade and communication across vast distances. This innovation not only boosted economic growth but also helped to integrate diverse cultures, fostering a more interconnected global society.
Why is the assembly line important?
It made the prices. Lower so if joe was really good at making cars he would be all alone and get payed alot of money but if joe lisa karen and danny each made a different part of the car it would go faster and the owner would pay each one lessIt allowed manufacturers to produce more goods faster which led to mass production. An assembly line means that different components of a commodity are being produced by different individuals or group of individuals who are specialized in producing that component. It helps in producing quality products as every component is being produced by a specialist. Also, it takes less time to produce them.
Which invention allowed goods to be transported upriver against the current?
The invention of the steamboat allowed goods to be transported upriver against the current. By using steam power, these boats could navigate against strong river currents more efficiently than traditional sailing vessels. This innovation significantly enhanced trade and commerce by facilitating movement along major rivers, opening up new economic opportunities.
What Are enumerated goods?
Enumerated goods were products/goods produced by the colonies that could only be shipped to England.
Why is it important to make sure all the equipment works?
It is important for a business to make sure that all its equipment works in order to avoid dangerous accidents that could employees and clients. Also, defective equipment could cost the business time and money if it ends up causing property damage or producing substandard goods.
What innovation opened the way of producing many different kinds of goods on a mass scale?
they wanted to eat babby cats
Which innovation allowed for mass production of goods?
Interchangeable parts opened the way for producing many different kinds of goods on a mass scale and for reducing the price of the goods.
What innovation open the way for producing many different kinds of goods on the Mass scale?
they wanted to eat babby cats
What is producing capital goods rather than producing final goods is known as what?
Investment
Different countries often specialize in producing different goods What is a consequence of this?
The countries are more likely to trade with each other
Is the introduction of new goods and services?
innovation
When can two countries gain from trading two goods?
Two countries can gain from trading two goods when they have different comparative advantages in producing those goods, allowing them to specialize in what they are most efficient at and trade for the goods they are less efficient at producing. This can lead to increased efficiency, lower prices, and a wider variety of goods for both countries.
What is the definition of vertical merger?
Vertical merger is between two companies that is producing different goods. This happens when two different firms are on different levels.
What is producing goods?
a good busines
What innovation allowed for the mass production of goods?
Cotton gin
What is goods producing business?
A good producing business is a business that produces tangible goods to satisfy consumers at aprofit
What is capital?
man-made goods used in the process of producing other goods
