Multiple Choice
Which of the following is a major economic benefit of introducing high-yield crop varieties during the Green Revolution?
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5. Consumer and Producer Surplus; Price Ceilings and Floors
Economic Surplus and Efficiency
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which economic activity was profitable for Spain and often the most hazardous for its workers during the colonial period?
A
Silver mining
B
Agricultural farming
C
Shipbuilding
D
Textile production
Verified step by step guidance1
Identify the economic activities listed: silver mining, agricultural farming, shipbuilding, and textile production.
Recall the historical context of Spain during the colonial period, focusing on which activities generated significant wealth for the empire.
Understand that silver mining was a major source of wealth for Spain, especially in colonies like Peru and Mexico, making it highly profitable.
Consider the working conditions associated with each activity; silver mining was known for being extremely hazardous due to factors like mine collapses, toxic fumes, and long hours underground.
Conclude that silver mining was both highly profitable for Spain and often the most dangerous for its workers during the colonial period.
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