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What are three ways that railroads spurred the growth of industry?
Growth of economy
Why did southern states refused to abolish slavery?
Because their economy relied on the slaves to pick cotton
What was Alexis de Tocqueville's opinion of the Southern states?
He was critical of a Southern economy and society that was based on slavery.
What happened to the economy of the United states during the decades of the 1950s and 1960s?
it experienced sustained economic growth
Why was the issue of slavery so important to the confederate states?
Slaves were mportant to southern states because the slaves did most of the labor and were thus a big part in powering their economy.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
What type of economy does the United States have?
The economy of the United States is a mixed economy.
What are the three kinds of economic systems?
Market economy,traditional economy,command economy and mixed economy
How is the economy of southern Mexico?
Southern Mexico is the poorest, least developed region in Mexico. It is composed of three states: Chiapas, Guerrero and Oaxaca. The economy of these states is overwhelmingly concentrated on agriculture, with some agroindustrial and manufacturing activities, especially along the coasts.
How is it legal that states like Indiana can be at war with the US economy?
The economy of the states is what makes up the economy of the country. If Indiana is benefitting, then so is the United States.
How is the economy of totalitarian govern states?
It is a Planned Economy
Compare the Philippines economy to American economy?
The GDP of the United States is sixty three times greater than that of the Philippines. The Philippines has a poverty rate of 26 percent compared to that of the U.S. which is 15 percent.
United States is what type of economy?
A mixed-market economy.
What are three main types of economics?
The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)
What are three main economic systems?
market economy planed economy mixed economy
Is United States a command and mixed economy?
America is a mixed economy
Who answers the three economic questions in a command economy?
The government answers the three economic questions in a command economy.
