7. Why did the economy of the South remain primarily agricultural? a. because of the intense demand for cotton by the northern factories
b. because of the many miles of railroad lines
c. because of the abolitionist movement
d. because of the increase in cities and factories in the South

Which is not characteristic of capitalism? a) market e-commerce b) supply and demand c) freedom of competition d) a society without social classes

What was an important consequence of the neolithic revolution? ):

During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt