Question

8.1. describe how changes in transportation and communications altered the economic landscape during the first half of the nineteenth century. identify the ways the market economy differed from the \household\ economy. correct answer(s) boom - and - bust cycles declined. the standard of living rose. demand for internal improvements increased. households began producing surplus crops and livestock to be sold for cash. incorrect answer(s)

Explanation:

In a market - economy, there is more economic activity and interaction. Boom - and - bust cycles may decline as the economy becomes more diversified. The standard of living can rise due to increased productivity and trade. Demand for internal improvements like infrastructure grows to support trade. Households shift from self - sufficiency to producing for the market by selling surplus crops and livestock for cash. In a household economy, self - sufficiency is more prominent.

Answer:

Boom - and - bust cycles declined.
The standard of living rose.
Demand for internal improvements increased.
Households began producing surplus crops and livestock to be sold for cash.