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What else can I help you with?
Describe labor specialization?
Labor specialization led to a diverse West African economy. How?? I need a reason why.
What evidence shows that new England was becoming more diverse as the 17th century wore on?
In the 17th century New England had an excess of land and capital. Due to this, there was an explosion of the labor force. Once the labor force grew the economy grew.
Why were slaves on high demanding the southern colonies?
The economy of the south was based on agriculture- cotton and tobacco- that demanded large amounts of unskilled labor. Economy of the North was manufacturing- required less labor, and more skills.
What was the economy of the New England colonies based?
what is it based on slave labor
How did labor specialization lead to a diverse economy in west Africa?
I don't know guys don't go on this webesite
Who filled the growing labor needs of the economy of the middle colonies?
New England colonies labor forces are to sell slaves and trade.
What were the two effects of the black death on the economy of England?
The price of labor greatly increased.Reduced demand for many goods.
How did the union labor of the 1800's get what they demanded?
strikes
How did labor specialization led to a diverse economy in west Africa?
Labor specialization is when some people focus on specific types of work. In South Africa most people practiced an economy focused on farming while others focused on herding animals or metal working so they all became wealthier.
How did labor specialization led to diverse economy in west Africa?
Labor specialization is when some people focus on specific types of work. In South Africa most people practiced an economy focused on farming while others focused on herding animals or metal working so they all became wealthier.
If an excess quantity of labor demanded exists in an unrestricted market there is an inclination for?
Price to fall.
How do you solve for labor and demand in macroeconomics?
In macroeconomics, solving for labor and demand involves analyzing the labor market equilibrium where the quantity of labor supplied equals the quantity of labor demanded. This can be done using the labor supply curve, which typically slopes upward, and the labor demand curve, which usually slopes downward. By identifying the intersection point of these curves, you can determine the equilibrium wage and employment level. Additionally, factors like economic policies, productivity, and overall demand in the economy can influence these curves and shift the equilibrium.
