Which of the following reflects a “boom” phase in a capitalist economy?
a. production increases and spending on goods is low.
b. employment, profits, and incomes are high.
c. demand is high, supply is high, and employment is low.
d. employment, profits, and incomes are low.

1) how did the mexican american war ignite a conflict over slavery between the north and the south? 2) explain how agricultural and textile factories impacted the economic development of south carolina. 3) explain how the results of the 1860 presidential election and the issue of states rights influenced south carolina’s decision to secede from the union. you: )