The correct answer is: "decreased automobile sales ".
Imposing a tax on purchasing a good (automobile) means adding a quantity to the amount charged, therefore the price charged for the product in the market rises.
According to the law of demand, the price is inversely related to the quantity demanded, which is the amount that consumers are willing to buy at a certain price. Therefore, if the price rises due to the imposition of the tax, the amount demanded by consumers will decrease.
The expansion of the railroads caused the prices of products to drop because it provides cheap and fast transportation for raw materials and products.
Along with new business practices and new technology, the expansion of the railroad was a factor that transformed the industry on the Gilded Age. With the trains getting more and more to further distances and with the improvement of the safety on them, by the replacement of the hand-operated brakes with air brakes, it began to provide a highly efficient network for shipping freight and passengers across the nation. The result was a transforming impact on most sectors of the economy, the nation now had an integrated national market with almost the size of Europe but with no restraint within. It was also supported by a common language, financial system, and the legal system.
I hope that this answer helps you.
railroads provided expensive but fast transportation of raw materials and products
War and economic growth are almost inseparable in the imperialist adventure of the United States. American companies were boosted with the transfer of military technologies and with the opening of the European market in the reconstruction of the continent due to the WWII. From then on, the basic recipe was to encourage private enterprise (helping entrepreneurs who wanted to open their own business, for example) and ensure that the government would get little in the economy (the market, by the law of supply and demand, would regulate the rise -and economic decline).
The fear of the spread of communism around the world led the US to engage in various military conflicts. Simultaneously, the Kennedy administration began to develop nuclear weapons to overcome Soviet nuclear forces. With this, he obtained more investments for the arms race and fomenting the economy of the country
cold war contributed to transfer of military technologies as well as it Brought US opening in the European market and more investments for the arms race.
Further Explanation:-
As the period of cold war came to close, The economy of United States experienced rapid economic growth. The prosperity came back in United States after world-war 2 as they won the war and after post war period United States further consolidated its position which was as the world’s most richest country. The measure with regards to all products which were produced in United States was around 200 thousand million dollars in year 1940 which skyrocketed to 300 thousand million dollars in 1950 and 500 thousand million dollars by year 1960. Massive economic shift was seen in United States during that period as during the period of 1940’s, People belonged to lower middle class were more in United State whereas there were more people who belonged to Middle Class category by year 1960. Automobile Industry recorded most growth during this period as the production almost tripled from 1946 to 1955. The rise in United States defense expenditure post cold war also played its pivotal role in the economical increase.
Grade – High School
Subject – History
Chapter – Economic Growth
Keywords-Cold War, Economic Growth, Economy, Industry, Automobile, Increase, Dollars, Richest Country, United States, Production.
The Non Aligned Movement struggled to find relevance after the fall of the Soviet Union because was largely based on opposition to the Cold War. The fall of the Soviet Union ended communism hence the movement lost its significance and influence
The Non-Aligned Movement was a movement founded in 120 countries that were not part of any power bloc. It was the largest grouping of states worldwide after the UN.
The Non-Aligned Movement aimed to not get those countries involved in any power struggle between Western and Communist Blocs.
After the fall of the Soviet Union, the Non-Aligned Movement faced struggles because the world became unipolar with the United States becoming the dominant global power. Because of that, the NAM was forced to redefine itself and reinvent its purpose.