The First Factories That Appeared in Great Britain in 1740

question 9

Multiple Choice

The first factories that appeared in Great Britain in 1740, concentrated on the production of ________.

• A) sugar
• B) textiles
• C) steel
• D) glass

Recognize the long-run and short-run effects of fiscal policies on the economy.

Assess the impact of fiscal policy on equilibrium output, employment levels, and price levels.

Analyze the relationship between fiscal policy, aggregate demand, and aggregate supply curves.

Explain the significance of government budget deficits and surpluses on the national economy.

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Definitions:

Warm

Describes a higher temperature or a sensation of heat which is more than mild but not excessively hot.

Calderas

Large, usually circular depressions or crater formed by the collapse of a land area following the eruption of a volcano, often filled with water to form a lake.

Fissures

Long, narrow openings or cracks in the Earth’s surface, often formed by the splitting apart of rocks or ground during processes like erosion or earthquakes.

Cones

Natural or man-made structures with a circular base that tapers to a point, commonly found in volcanology as volcanic cones.