In 1973 the Russian Wheat Crop Failed and the Soviet

question 107

Multiple Choice

In 1973 the Russian wheat crop failed and the Soviet Union made massive purchases of American wheat.Which statement is a result of this action?

• A)The demand for farm labor and farmland was driven down in the United States.
• B)There was no effect on the demand for farm labor and farmland in the United States.
• C)The demand for farm labor and farmland was driven up in the United States.
• D)None of these statements are true.

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Definitions:

Demographic Transition

A model describing the transformation of countries from having high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Mortality

The state of being mortal or the incidence of death within a population.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured as the percentage increase in real gross domestic product (GDP).

Postindustrial Period

a stage in societal development that occurs after the industrial period, characterized by an economy focused more on services than on manufacturing.