Jahoda and colleagues (1971) published a book about the devastating effects of unemployment in marienthal, an austrian village near vienna, in which the main means of employment, a textile mill, closed down in 1930. based on observations of the residents of this village after the textile mill closed, jahoda and colleagues concluded that well-being amongst the villagers was significantly diminished because of the:

gold discovery in california, and pioneer settlers were sometimes pulled west because they wanted to make a better living. others received letters from friends or family members who had moved west. these letters often told about a good life on the frontier. the biggest factor that pulled pioneers west was the opportunity to buy land.

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industry had made the u.s. the richest nation in the world at this time. the second industrial revolution caused growth in industry and transportation, which allowed increased trade between nations. click to let others know, how is it

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changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .