Which of the Following Factors Was NOT Responsible for the Decline

question 128

Multiple Choice

Which of the following factors was NOT responsible for the decline in farmers as a percent of the U.S.population from after the Civil War to 1900?

• A)Falling prices for corn,wheat,and cotton
• B)The demand for food outstripped supply
• C)New technology
• D)The government's liberal land policy that increased output

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Definitions:

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity (like producing a specific good or service) more efficiently than another activity.

Opportunity Cost

The cost of opting for one alternative over another, represented by the foregone benefits of the option not chosen.

France

A country in Western Europe known for its rich history, cultural heritage, and significant contributions to art, science, and philosophy.

Wine Production

The process of fermenting grapes or other fruits to produce wine, an important sector in the agricultural and food industries.