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How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
How did canals help expand the national market economy?
A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
Why is the stock market important to today's economy?
The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!
How does competition for financing determine how resource are allocated in the market economy?
Competition for financing determines how resources are allocates in the market economy by having the lending institution make the final decision regarding lending the business the funds to expand.
How did railroad help expand the market economy?
Helped companies to be able to rovide products faster to different locations.
How did steel plow help expand the national market economy?
because it brought more farmers into the farming comunnity
How did canals help expand the national market economy?
A more productive way of transporting good was created by building canals by allowing ships to pass without the problems of a normal river
How did the mechanical reaper expand the national market economy?
The mechanical reaper allowed farmers in the West to grow large quantities of wheat much of which they sold in eastern markets.
How did telegraph help expand the market economy?
By allowing nearly instant communications over long distances.
Why is the stock market important to today's economy?
The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!
The greatest economic consequence of the transcontinental railroad network was that it?
united the nation into a single, integrated national market
How does competition for financing determine how resource are allocated in the market economy?
Competition for financing determines how resources are allocates in the market economy by having the lending institution make the final decision regarding lending the business the funds to expand.
How did the sewing machine (and improvements) help expand the national market economy?
IT helped by making cloths avaliable to every stores. It also brought the price of clothes and goods down because of such a big outcome produced by sewing machine.
How did steel plow help expand the national market?
because it brought more farmers into the farming comunnity
What is Bolivia economy?
Market Economy.
What is market separation?
The separation of different financial markets, which can be on a national scale but can also be the international economy.
