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Week2 dis eco

01/09/2020 Client: trav2012 Deadline: 24 Hours

Respond to the following in a minimum of 175 words:



  • Innovation and physical capital are 2 of the 4 factors of production. Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production:

  • 1862 Pacific Railway Act

  • 1956 Federal Aid Highway Act

  • 1946 Federal Airport Act

  • What other examples of economic concentration can you share?

  • What are the risks and advantages to economic concentration?

  • How has economic concentration influenced your industry?

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