Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Even when other countries began to industrialize and producing things even cheaper than the US could, what did the US do to continue their economic

Even when other countries began to industrialize and producing things even cheaper than the US could, what did the US do to continue their economic growth? Select one: a. The growth actually stopped and was part of the reason for the Great Depression b. They jumped straight to quaternary activities and dominated the global market in all those categories ever since. c. Shifted focus to the agricultural sector d. They remained focused on lowering the cost of their products to compete with the other countries e. Shifted focus to the service sector and expanded their domestic economy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economics

Authors: Dennis Appleyard, Alfred Field

8th Edition

978-0078021671, 0078021677

More Books

Students also viewed these Economics questions

Question

8. What are the costs of collecting the information?

Answered: 1 week ago