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As the Colonies Transformed Themselves into Sovereign States,republican Sentiment Was

question 13

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As the colonies transformed themselves into sovereign states,republican sentiment was so strong in many of them that the _____ became all-powerful.


Definitions:

Unemployment Rate

The share of people in the labor force who have no job but are searching for one.

Business Confidence

An economic indicator that measures the degree of optimism or pessimism that business managers feel about the prospects of their companies and the economy as a whole.

Natural Rate

The unchanging rate of unemployment in the economy that occurs due to the frictional and structural factors when the labor market is in equilibrium.

Inflation Rate

The percentage increase in the general level of prices for goods and services in an economy over a period, typically measured annually.

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