MATCHING Match the Person or Term with the with the Correct

question 136

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Cyrus McCormick

• A)Supreme Court chief justice
• B)transcendentalist
• C)coined the term "manifest destiny"
• D)established America's first factory
• E)steamboat innovator
• F)African Methodist Episcopal Church
• G)steel plow
• H)self-made millionaire
• I)preacher in New York
• J)reaper
• K)The American Frugal Housewife
• L)called for a radical change in the wage labor system

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Definitions:

Equilibrium Price

The market price at which the supply of an item equals the demand for the same item.

Supply Shifts

Changes in the quantity supplied of a good or service resulting from factors other than its price, such as manufacturing advancements or input costs.

Mustard Recall

An event where mustard products are withdrawn from the market due to reasons like contamination or mislabeling.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers.