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Author Question: In 1860, the Republican Party formed a coalition of anti-slavery voters that elected Abraham Lincoln ... (Read 123 times)

maychende

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on: Jun 30, 2018
In 1860, the Republican Party formed a coalition of anti-slavery voters that elected Abraham Lincoln to the presidency. Members of this coalition included all of the following groups except:
 a. Northwestern farmers.
  b. Irish and German immigrants.
  c. Producers who were economically linked by the Northern Gateway.
  d. Large property owners in New Mexico and Utah.

Question 2

The term path dependence refers to
 a. inefficient outcomes that result from early technology choices that are not optimal in the long run.
  b. the tendency for competitive markets to become monopolistic in the long run.
  c. inefficient outcomes that result from negative externalities.
  d. the natural growth of monopoly when economies of scale exist in a market.


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joshbk44

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d. Large property owners in New Mexico and Utah.

Answer to Question 2

a. inefficient outcomes that result from early technology choices that are not optimal in the long run.


maychende

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

skipfourms123

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Reply 3 on: Yesterday
Excellent

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