Robert Fulton's invention of the _____ greatly increased trade and provided for faster shipping of goods.

Answers

Answer 1

Answer: Robert Fulton's invention of the STEAMBOAT greatly increased trade and provided for faster shipping of goods.

In 1807, Robert Fulton launched the first steamboat. He name it the Clermont. It travels at a speed of 5 miles per hour.

Answer 2

Answer: The answer to this question is STEAMBOAT

Related Questions

The absence of cyclical unemployment is evidence that? A. production and employment levels are at their worst. B. businesses are producing more than they can sell and works are being laid off C. prices are dropping and the value of money is rising D. business production is near full capacity and there is little unemployment
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Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation

Which of the following is most strongly supported by the Keynesian perspective of macroeconomics? A. inflation is a price that might have to be paid to achieve lower unemployment
B. inflation offers no offsetting gains in terms of higher unemployment
C. more emphasis on economic growth and how labor markets work
D. shifts in unemployment primary determine changes in the price level

Answers

Answer & Explanation:

A. inflation is a price that might have to be paid to achieve lower unemployment

Final answer:

The Keynesian perspective of macroeconomics supports the concept that inflation is a price that might have to be paid to achieve lower unemployment. This perspective places a high emphasis on government intervention and fiscal policies to stabilize the economy.

Explanation:

The Keynesian perspective of macroeconomics is built on the concept that aggregate demand is the primary driving force in an economy. From this viewpoint, the government plays a key role in stabilizing the economy by influencing aggregate demand through fiscal policy measures, such as government spending and tax policies.

Looking at the options, the statement that most aligns with the Keynesian perspective is 'A. Inflation is a price that might have to be paid to achieve lower unemployment'. This is based on the Keynesian view that during periods of economic recession when unemployment is high, it may be necessary for the government to stimulate the economy, even if it risks causing inflation.

Learn more about Keynesian Perspective here:

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Which of the following statements accurately describes the economic policy of mercantilism?a. It downplayed the role of government in stimulating economic growth.
b. It discouraged the establishment of overseas colonies.
c. It encouraged trade by abolishing laws that regulated trade.
d. It was based on a belief that a nation’s real wealth was measured in its gold and silver treasure.

Answers

The best answer is letter a. It downplayed the role of government in stimulating economic growth.

>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
It sticks to the belief that the national strength can be maximized by limiting imports via tariffs and maximizing exports.

Answer:

Explanation:

MaxiesBalance sheet as at june 30, 2005
$ $ $
fixed assets(at cost$22890) 10060
current asset
stock. 810
debtor. 4330
prepayment 1350
cash at bank 8370
cash in hand 150

less current liabilities
sundry 200
loan interest 500. 700. 14310
net current asset 24370
loan 10000
14370
capital (July 1 2004 ) 21110
add profit. 29860
50970
less drawing 36600
14370

what is the current ratio