Social Studies, 23.07.2019 02:40 Geo777

How did the government encourage the growth of big business after the civil war?

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by following a laissez-faire policy of minimal regulation
congress gave generous land grants and other subsidies to railroads and other buisnesses
During the war, the Federal government provided money to people, creating
entrepreneurs with capital to spend. After the Civil War, Congress passed
legislation allowing businesses to form corporations without a charter from the
U.S. government. The government also provided aid in building a transcontinental RR for big business to ship goods and quickly travel from one place to another.

Answer from: FombafTejanjr3923

The answer is the laissez- faire economic policy.

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.

Answer from: Quest

the secretary of state, appointed by the president with the advice and consent of the senate, is the president's chief foreign affairs adviser. the secretary carries out the president's foreign policies through the state department and the foreign service of the united states.

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