Social Studies, 23.08.2019 19:00 uaine2002

What makes the middle colonies unique?

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The role of religion also set the middle colonies apart. then again, which colonies are you referring to? I've seen the middle colonies list vary from one source to another. Virginia was normally assumed to be with the southern colonies. This would leave Pennsylvania, Delaware, Maryland, and sometimes, New York. Maryland was meant as a Catholic refuge in honor of Lord Baltimore, and you would have to understand the protestant vs catholic conflicts to really understand that significance. Pennsylvania, or Penn's woods, was started by William Penn, a Quaker, and the quakers were reviled in England. They refused to take up arms which made them just short of traitors in the eyes of the English Crown. As a result, Pennsylvania had the greatest religious freedom written into its founding documents by Penn.

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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.

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