MAP QUESTIONS Instructions: Choose the Letter on the Accompanying Map of the Map

question 34

Short Answer

MAP QUESTIONS
Instructions: Choose the letter on the accompanying map of the United States in 1860 that correctly identifies each of the following:

California

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Definitions:

Capital Flow

The movement of money for the purpose of investment, trade, or business production between countries.

Excess Profits

Profits that exceed what is considered normal or expected, often realized in favorable market conditions or through monopolistic practices.

Free Markets

An economic system in which prices are determined by unrestricted competition between privately owned businesses, without government intervention.

Efficiency

The optimal allocation of resources to produce the maximum amount of goods and services, with the least waste of resources.