Author Question: Engerman's (1971) studies of the Civil War (18611865)'s impact on industrialization (a) support ... (Read 68 times)

123654777 · **on:** Jun 30, 2018

Engerman's (1971) studies of the Civil War (18611865)'s impact on industrialization

(a) support the previous work of Hacker and Beard.
(b) showed that the War sped up the ongoing processes of industrialization.
(c) showed that the War effort slowed down industrialization.
(d) restricted the real cost of the War to the South.

Question 2

An economic rent is created when

(a) organized labor pushes its members' wages above those of unorganized labor.
(b) market forces determine prices and output.
(c) businesses take market prices as given.
(d) laborers accept competitive wages.