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The pursuit of a national policy of Manifest Destiny

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Q: What reasons were primarily for a desire of access to rich natural resources new ports on the pacific coast and securing access to Asian markets for American goods?
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A desire for access to rich natural resources new ports on the Pacific Coast and securing access to Asian markets for American good were primary reasons for what?

The pursuit of a national policy of manifest destiny


When you study individual markets or consumers what are we primarily concerned with?

normative economics


When you study individual markets or consumers what are you primarily concerned with?

normative economics


Which goods were primarily produced for other markets?

Linen and Beaver Hats


How did European imperialism in Africa and Asia differ from one another?

Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.


How did advances in transportation link resources products and markets?

Moving natural resources to eastern factories


When markets make economics decisions convert resources into goods and services?

Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.


What was the basic issue that led to world war?

Capitalism evolved from "free markets" to "monopoly control" at the end of the 19th century (wars of 1898). Basically, capitalist countries fought each other for access to RESOURCES in WW1 and again for MARKETS in WW2: ie; American Legion veterans cards referred to WW1 as the "Russian Intervention" until 1955. The loss of this (and later, China) huge markets and resources was a real blow to the "free marketers."


Which best describes a cause of World War 1?

Answer this question…Imperialism led to conflicts over colonial resources, labor, and markets.


In decisions made in a system primarily based on markets?

Private company makes thier own decisions


Why haven't Canadians developed the mineral resources of the territories?

because they are located far from markets.


What is an exception to the general idea that markets lead to an efficient allocation of resources?

Imperfect Compitition