1. The first Secretary of Treasury of the United States was
.
2. When starting a business or launching new ventures, money was
needed. That money was known as
.
3. One advantage of corporation over sole proprietorship and partnership
is that it has
, so investors risked only the amount of their investment and not
their entire assets.
4. The best-known stock exchange is
located in
area of New York City.
5. A great economist in the Industrial Revolution Era was an Englishman
named
.
6. The Constitution of The United States bars all kinds of internal
, so manufacturers do not have to worry about
when shipping goods from one part of the country to another.
7.
and its related industries serve as the foundation of American economic
life, accounting for a larger portion of the United States' GNP--
than any other endeavor.
8. About one-third of the cropland in the United States is planted
in crops destined for
--to Europe, Asia, Africa and Latin America. Agricultural import
lags far behind, leaving a
in the agricultural balance of trade.
9. A period of economic difficulty began in the early 1980s. Agricultural
exports
, partly due to the high value of the US dollar which
the cost of American products to foreign buyers.
10. Another problem with agriculture is that critics accuse both
corporate and family farmers of damaging the
.
Since the 1940s, American farmers have multiplied their use of
and
designed to kill weeds and insect pest and to protect against crop
diseases.
