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The greatest economic consequence of the transcontinental railroad network was that it?
united the nation into a single, integrated national market
What benefit were colonies supposed to have for the nations who had them?
there were many benefits the colonies were supposed to have. They were supposed to increase the nation's economic power
How did the change in trade affect the US economic standing?
the united states became the largest creditor nation in the world
A developed nation is usually lower than an emerging nation with respect to?
A developed nation is usually lower than an emerging nation with respect to its birth rate. Developing nations often still practice subsistence farming which can be very labor-intensive. More children are an advantage in this type of situation.
How did the south's share of the nation's wealth change between 1860 to 1870?
The South internalized their defeat in the Civil War. The failures of the Reconstruction era led the South into a deep economic pit. There was discontent over the freed slaves situation and civil unrest due to terrorist militias that brought about murders and riots. The South did not participate in the after war economic prosperity, mostly due to their own lack of interest in the United States as a whole.
What does the level of a nation's GDP measure?
It measures the economic growth of a country,
How agriculture can improve national econoy?
agriculture can improve national economy by forcasting on how the economic development of that nation is,
Did millions of people move to the nation's rural areas hoping to improve their economic positions?
false
How might failure improve transportation have affected the economic and social development of the nation?
Amercians do not have the ability to work
Measures taken to stop trade and other economic contacts with a nation that has broken international law?
trade embargo.
What is it called when measures are taken to stop trade and other economic contacts with a country who has broken international law?
An embargo against the nation who is breaking the law.
How may saving influence economic activity?
savings in an economy impact the level of investment in the economy. if the households save more, then this will lead to capital formation in the economy which will boost the economic situation of the nation.
Japanese imperial expansion met by us economic sanctions?
Japanese imperial expansion led the nation into the Southwestern Pacific, which America tried to deter via economic sanctions as well as other measures. Ultimately, the efforts were unsuccessful.
Role of United Nations?
it serves to foster peace and harmony among nation states, upgrade and improve living standards and facilitate economic and social development.
Impact of sales force in economic development of a nation?
sImpact of sales force in economic development of a nation
How did Hamilton's plan attempt to solve the nation's economic problems?
Hamilton improve the nation's finance: 1. Paying off all war debts 2. Raise government revenues 3. Create a national bank
What water problem do nation face?
African nations face a situation of economic water scarcity, and current institutional, financial and the human capacities for managing water are lacking.
