________________ Was a Major Cause of Persisting Racial Inequalities After

question 72

Multiple Choice

________________ was a major cause of persisting racial inequalities after the Civil War.

• A) Inequality in agricultural land
• B) Inequality in education
• C) Inequality in the law
• D) Inequality in employment

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Industry Domination

A scenario where one or a few companies control a significant share of the market, often leading to a reduction in competition.

Economies of Scale

The cost advantage achieved when production becomes efficient, leading to a decrease in the average costs per unit as output increases.

Technology Specialization

The focus of a company or industry on a specific technology niche, with the aim of achieving leadership and expertise in that area.