USA HISTORY

JACKSONIAN DEMOCRACY 1825 1850

AGE OF THE COMMON MAN

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
(14.16) How did the availability of natural resources contribute to the geographic expansion of the U.S.?
A
Wanted cheap land to make profit
B
The North got resources from the West to make into goods and so they moved people over to send them to the North.
C
Both Answers
D
None of the above
Explanation: 

Detailed explanation-1: -Key Takeaways. Six natural resources give the U.S. economy with a superior advantage. These include a large landmass, expansive coastlines, fertile land, fresh water, oil and coal, and a diverse population. Natural resources make up one of the four factors of production necessary for an economy.

Detailed explanation-2: -Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth.

Detailed explanation-3: -When there are natural resources and technology to develop them, a nation can develop industries, generate jobs, manufacture goods, carry out trade with other countries, increase the living standards and income levels of the people of a nation.

Detailed explanation-4: -Natural resources are available in fixed quantity and they are non – renewable, 8. Natural resources are getting scarce with the increasing population, so it is essential to conserve them. This empowers us as well as our future generation to utilise the natural resources to the full extent.

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