All of the Following Factors Contributed to American Economic Growth

question 37

Multiple Choice

All of the following factors contributed to American economic growth from 1820 to 1860 EXCEPT the

• A) maintenance of low tariff rates.
• B) abundance of natural resources.
• C) influx of European capital.
• D) increasing population.

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Definitions:

Destination Country

A country to which people are moving or goods are being shipped.

Labor Force

The total number of people available to work, including both the employed and those actively seeking employment.

Domestic Output

The sum of the worth of all products and services created inside a nation's boundaries during a certain time frame.

Immigration

The process of permanently settling in a country that is not one's own.