A Theme Park Is an Example of a Convenience Good

question 92

True/False

A theme park is an example of a convenience good.

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Definitions:

Transcontinental Railroad

The railway system completed in 1869 that connected the east and west coasts of the United States, greatly facilitating travel and commerce.

Wilmot Proviso

A proposed, but never enacted, amendment in 1846 that aimed to prohibit slavery in any territory acquired from Mexico, intensifying the pre-Civil War debates over slavery.

Missouri Compromise

Deal proposed by Kentucky senator Henry Clay in 1820 to resolve the slave/free imbalance in Congress that would result from Missouri’s admission as a slave state; Maine’s admission as a free state offset Missouri, and slavery was prohibited in the remainder of the Louisiana Territory north of the southern border of Missouri.

Railway System

A network of tracks on which trains run, serving as a critical infrastructure for the transport of passengers and goods over land, significantly contributing to economic development and urbanization.