Social Studies, 25.11.2019 23:31 milkshakegrande101

In what ways did the major industrial nations of the west become more responsive to the needs and interests of working people?

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Industrialization went hand in hand with democratic institutions and respect for private property. To the extent working people constituted a unified block of voters, they had to be listened to.

Now, let me ask you a question: What does your question really ask? That is to say, what do you mean by "the major industrial nations of the west"? In what way are they different from the "working people" who live in them? Or, do you think that all John D. Rockefeller did was sit around all day and let money flow into his pocket like honey from a pot? Guys like E.H. Harriman worked very, very hard. So, does your question really make any sense?

Answer from: Quest

what are the choices? the multiple choices?

i will answer in the comments after the choices have been said.

Answer from: Quest

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.