Economic Growth Flashcards
What is economic growth?
An increase in the production of goods and services in an economy over time.
True or False: Immigration has historically contributed to economic growth in America.
True
Name one push factor that drives people to emigrate.
War
Name one pull factor that attracts immigrants to America.
Job opportunities
Fill in the blank: The Industrial Revolution began in the _____ century.
18th
Which industry was primarily transformed during the Industrial Revolution?
Textile industry
Multiple Choice: Which of the following is a consequence of immigration on the American economy? A) Decreased labor supply B) Increased innovation C) Higher unemployment D) None of the above
B) Increased innovation
What role did the Industrial Revolution play in shaping immigration patterns in America?
It created a demand for labor, attracting immigrants to fill jobs.
True or False: Economic growth can lead to increased immigration.
True
What is one reason immigrants contribute to economic growth?
They bring diverse skills and fill labor shortages.