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Surpluses often lead directly to increased investment and economic growth, as excess resources can be reinvested into production, infrastructure, or innovation. They can also facilitate savings and consumption, contributing to improved living standards. Additionally, surpluses can create opportunities for trade and the accumulation of wealth, potentially leading to greater economic stability.
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What aspect of industrial revolution undermined mercantilism?
Answer this question… Factories mass produced goods, which created surpluses that governments could not control.
What event led to directly to the founding of the NAACP?
Rosa
What led most directly to the Opiom Wars?
the people from the congress did in russia
What led directly to the of the Soviet Union?
Too much spending on the military
What led most directly to women's suffrage in Britain?
More women entering the workforce
What kind of settled communities and food surpluses led to different kinds of jobs?
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The passage of the stamp act led directly to?
The passage of the stamp act led directly to the Boston Tea Party. This, in turn, led directly to the Revolutionary War.
What did the government do to help eliminate the crop and product surpluses?
Paid farmers to destroy surpluses.
Why did food surpluses lead to new occupations?
Food surpluses led to new occupations because if you had a surplus, and you were a farmer, you would no longer need to farm. You could go out and learn new skills and perhaps, you could get a new job, or even create your own!
The passage of the stamp act led to what?
The passage of the stamp act led directly to the Boston Tea Party. This, in turn, led directly to the Revolutionary War.
How does the price system respond to surpluses and shortages?
How does the price system respond to surpluses and shortages? In: Economics [Edit categories]
What effect did food surpluses have on living in towns?
Food surpluses allowed towns to grow in size and population as they could support more people. It also led to the specialization of labor, with some individuals able to focus on activities other than food production. This helped foster economic and cultural development within towns.
What effects did food surpluses have on people living in settlements?
In the case of ancient peoples living in agricultural settlements, food surpluses were part of the reason these settlements grew into larger civilizations. A food surplus of a product another settlement lacked became barter material in exchange for other food products the first settlement lacked. Food for gold and silver was another result of selling off a food surplus to nations that needed the food and had gold to spend. Expansion of settlements led to trade and better means of transportation in order to trade a food surplus such as corn for example.
Why are for surpluses necessary for civilization to develop?
no
What did surpluses create?
A growth in population
Why do surpluses develop?
Surpluses develop when the supply of a product or service exceeds its demand. This can occur due to factors such as overproduction, decreased consumer interest, or changes in market conditions. Additionally, seasonal variations and economic shifts can lead to temporary surpluses. When surpluses occur, they often result in price reductions to encourage consumption and restore equilibrium in the market.
What aspect of industrial revolution undermined mercantilism?
Answer this question… Factories mass produced goods, which created surpluses that governments could not control.
