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Unformatted text preview: A. The Growth of a Market Economy 1. Market Economy: significant proportion of the production of goods that are produced within in an area are produced not for personal consump-tion, but for sale in the market place for a profit 2. Reinforced the tendencies to prize ambition and achievement than a persons social origins 3. Aided social mobility and geographical mobility B. General Factors Fostering Economic Growth 1. Population Increase a) high birth rate b) immigration 2. Transportation Revolution 3. Government a) Federal b) State and Local...
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This note was uploaded on 01/24/2011 for the course HI 151 taught by Professor Roberts during the Fall '10 term at BU.
- Fall '10