In 1860, ______________ was the top industry as ranked by value ...

[ereecah]

In 1860, ______________ was the top industry as ranked by value added.
 a. cotton goods
  b. boots and shoes
  c. men's clothing
  d. iron

Question 2

Which of the following statements is not related to the price controls that existed during World War II?
 a. Price ceilings facilitated the formulation of black markets for automobiles.
  b. A black market for meat formed, referred to as meat-easies, due to a price ceiling on meat.
  c. Price ceilings created an excess demand of consumer durable goods.
  d. Despite price ceilings, hidden price increases were realized through deterioration in the quality of goods.

[ecabral0]

Answer to Question 1

a. cotton goods

Answer to Question 2

c. Price ceilings created an excess demand of consumer durable goods.

[ereecah]

YES! Correct, THANKS for helping me on my review

[nathang24]

Thanks for the timely response, appreciate it