The development of the early 1800s that most challenged the system of trade of which Astor was a part was the establishment of a national road centralizing trade in the mid-Atlantic states and the Midwest.
The national road, also known as the Cumberland Road, was constructed between 1811 and 1837 and connected the Potomac and Ohio Rivers. This road created a direct route for trade between the Midwest and the East Coast, bypassing the fur trade routes that Astor was a part of. As a result, Astor's fur trade business was affected, and he had to adapt his business strategies to stay competitive.
The other options presented in the multiple-choice question also had significant impacts on the United States in the early 1800s. However, the establishment of the national road had a more direct and immediate effect on the system of trade that Astor was a part of.
In conclusion, the establishment of the national road centralizing trade in the mid-Atlantic states and the Midwest was the development of the early 1800s that most challenged the system of trade of which Astor was a part.
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Marcus is a winemaker in ancient Rome. Each harvest, he buys grapes from the farmers outside Rome, and makes them into wine which he sells at the market in Rome. There are many other vendors who compete with each other, and the plebians are used to buying wine for exactly 15 denarii (currency) per bottle. This price has never gone up or down as long as Marcus has been alive. The grapes that go into a bottle of wine cost 10 denarii in a normal year but fluctuate with each harvest.
The farmers outside Rome produce more grapes than usual in a good year causing prices to fall below their normal level, and less grapes than normal in a drought. Last summer, there was a major drought that led to a poor harvest, causing grape input prices to soar to 20 denarii per bottle, (as stated previously, wine prices always stay the same). Marcus almost went bankrupt and drained most of his savings since he couldn’t buy any grapes to make wine. He is unsure of this year’s harvest and seeks to protect himself from future price shocks.
That spring, he speaks to a farmer in the countryside to guarantee himself a predetermined price ahead of time. The farmer agrees to enter a contract with Marcus to sell him enough grapes to make his wine for the year. They agree ahead of time, so that the grapes will be locked in at a fixed price of 12 denarii. Assume neither Marcus nor the farmer can break out of the contract and must buy/sell the grapes from each other at agreed upon 12 denarii.
Questions
1. This year, there is another drought, and grape prices again go up to 20 denarii. Consider what happens to Marcus and the farmer in this case. Does anyone "win" in this agreement?
2. Consider the risk that Marcus has normally been taking by buying grapes at the market price after each harvest. How does this risk change when he enters into the contract? Consider the cases where grape prices rise, fall, or stay the same.
3. Now consider the risk the farmer normally takes when he produces and sells grapes at the market after each harvest. How does his risk change if he enters the contract with Marcus?
4. Does either Marcus or the farmer always "win" in this situation? Can there be any mutually beneficial contract for both parties?
5. Do you think entering into the contract with the farmer is a good idea for Marcus? What incentivizes Marcus and the farmer to enter into these contracts every year?
6. The farmer is deciding whether or not to sell none, some, or all of his usual grape harvest through these contracts. What tradeoffs does the farmer incur in each case and what do you think he should do?
1. In the case of another drought, where grape prices again increase to 20 denarii, the agreement made between Marcus and the farmer will benefit Marcus because he has guaranteed the grapes at a fixed price of 12 denarii.
2. Normally, Marcus bears the risk of price fluctuations in the open market while buying grapes for wine-making.
3. The farmer takes a risk every year in producing and selling the grapes on the open market, as they do not know whether they will be able to sell their entire harvest and at what price.
4. It's not necessarily true that one party always wins in this situation. However, by entering into this agreement, both parties can gain some benefits.
5. Entering into this contract is an excellent idea for Marcus as it provides a fixed price and secures his supply chain, ensuring that he can continue to produce and sell wine at the same price.
6. If the farmer sells his entire harvest through these contracts, he will be at risk of losing out on the potential higher profits he could have made by selling grapes on the open market.
1. In the case of another drought, where grape prices again increase to 20 denarii, the agreement made between Marcus and the farmer will benefit Marcus because he has guaranteed the grapes at a fixed price of 12 denarii. However, the farmer loses out in this situation, as he could have made a higher profit if he had sold the grapes on the open market instead of at a lower price to Marcus.
2. Normally, Marcus bears the risk of price fluctuations in the open market while buying grapes for wine-making. However, in this case, he is protected from price fluctuations as the farmer and Marcus have entered into a fixed-price contract. Thus, Marcus will pay 12 denarii for every bottle, regardless of the harvest's quality. As a result, the risk Marcus takes decreases.
3. The farmer takes a risk every year in producing and selling the grapes on the open market, as they do not know whether they will be able to sell their entire harvest and at what price. The farmer is not exposed to the same level of risk as they were before, as they now have a guaranteed customer and can sell the grapes at a fixed price.
4. It's not necessarily true that one party always wins in this situation. However, by entering into this agreement, both parties can gain some benefits. A mutually beneficial contract can be made if both the farmer and Marcus agree on a fixed price that is advantageous to both.
5. Entering into this contract is an excellent idea for Marcus as it provides a fixed price and secures his supply chain, ensuring that he can continue to produce and sell wine at the same price. For farmers, it's an attractive offer because it reduces their risk exposure. Marcus is incentivized to enter into these contracts because they offer stability in his business, while the farmer is incentivized to do so because they offer a reliable source of income.
6. If the farmer sells his entire harvest through these contracts, he will be at risk of losing out on the potential higher profits he could have made by selling grapes on the open market. On the other hand, selling none of his harvests means he's entirely exposed to market risks. Therefore, it is ideal for the farmer to sell a portion of his harvest via these contracts while still selling the remaining on the open market to maximize profits.
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The Dust Bowl era emphasized the importance of _______ to Oklahoma’s economy.
a. mining
b. agriculture
c. taxation
d. federal intervention
Answer:
B. Agriculture
Explanation:
Before the dust storms, a large portion of Oklahoma thrived off of its fine soil and healthy grass that held it in place. However, many farmers used traditional farming methods and plowed deep into the ground. On top of that, the topsoil was heavily grazed by cattle and sheep, leaving behind significant damage. Leading into the 1930s, a great drought hit the area. Combining all of these issues, great dust storms & clouds raged over the land and forced settlers to board up in their homes. The lands were ravaged and often ruined. Thus, Oklahomans realized the importance of their crops and agriculture to their economy.
What is the protection of individual rights?
Which of these territories was NOT acquired by the US after 1845?
A. Alaska
B. parts of present-day Minnesota, Maine, and New Hampshire
C. parts of present-day Arizona and New Mexico (Gadsen Purchase)
D. Republic of Texas
Answer:
Alaska
Explanation:
Russia sold Alaska to the US on May 28, 1867
Apart from differences of religion,
what is one of the main causes of
conflict in Iran, Iraq, and Turkey?
h
A. Borders
B. Water
C. Oil
One of the main causes of conflict in Iran, Iraq, and Turkey is the rich presence of oil resources in the region. Here option C is the correct answer.
Oil has historically been a significant factor in shaping the geopolitical dynamics and tensions among these countries. The abundance of oil reserves creates economic interests, competition, and power struggles that often escalate into conflicts.
The control and access to oil reserves have been a source of contention, leading to territorial disputes, political rivalries, and even armed conflicts. These countries are located in a region with substantial oil reserves, and their proximity to each other has intensified the competition for control over these resources.
Conflicts over oil involve a variety of issues, including ownership rights, exploration, and production rights, revenue sharing, pipeline routes, and influence over regional oil markets. The competition for oil resources can also exacerbate existing political and ethnic tensions within and between these countries.
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Read the following passage and answer the question. It makes me sad to know that there are many cats living outside during the cold New England winters. That is why I support my local animal shelter, Kitty Angels, by donating food and supplies to their cause. Which point of view is being used in this passage? third-person point of view second-person point of view both first- and third-person points of view are being used first-person point of view. piz help???
Answer:
first person
Explanation:
i uses I, if a sentence uses I, me, my, ect. it is FIRST person!!
Answer:
First person
Explanation:
We, us, our, and ourselves are all first-person pronouns. Specifically, they are plural first-person pronouns. Singular first-person pronouns include I, me, my, mine and myself.
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Here is a list of numbers:
3 6 9 7 4 6 7 07
Find: the median
Why would students today want to study the Code of Hammurabi?
Studying the Code of Hammurabi offers contemporary students invaluable insights into the ancient Babylonian legal system, fostering an understanding of early societal structures and justice.
This historical document, among the earliest legal codes, reveals cultural norms, ethical values, and the balance between social classes. By analyzing its laws, punishments, and principles, students gain a deeper appreciation of legal evolution, drawing parallels and contrast with modern legal systems.
Moreover, delving into the Code promotes critical thinking, cultural awareness, and a broader perspective on the foundations of human civilization, enriching students' intellectual growth and ability to contextualize today's legal and ethical dilemmas.
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What contributed to pier working conditions for factory workers in the late 1800s? Choose three answers.
Answer:
Long work hours: Workers in factories were often required to work long hours, with shifts ranging from 14 to 16 hours per day, six days per week. This resulted in physical and mental exhaustion, making them more prone to accidents and injuries.
What contributes to poor working conditions for factory workers in the late 1800s?While industrialization led to an increase in jobs, it also led to poor working conditions for this new industrial labor force. Workers were forced to work in dangerous conditions surrounded by heavy machinery. Unskilled laborers required little training and completed routine tasks.
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Answer:
Three factors that contributed to poor working conditions for factory workers in the late 1800s are:
Unlivable wages: Wages paid to workers in factories were often inadequate for them to sustain their families, forcing them to work longer hours just to make ends meet.
Long work hours: Workers in factories were often required to work long hours, with shifts ranging from 14 to 16 hours per day, six days per week. This resulted in physical and mental exhaustion, making them more prone to accidents and injuries.
Lack of personal protective equipment: There were no proper safety regulations for workers, and factory owners often did not provide protective equipment like gloves, masks, and eyewear. This made workers more susceptible to injuries and illnesses, including respiratory diseases from exposure to dust and chemicals.
Child labor and lack of protection laws were also significant factors.
Explanation:
What was the justification for subjecting non delinquents to the same procedures and outcomes as delinquents in the 1970s?
Delinquents and non-delinquents were treated equally since there was no difference in the consequences of their actions.
Due to the fact that the consequences of their actions were the same, delinquents and non-delinquents received similar treatment.
Another argument is that if delinquents are released, more individuals may commit crimes under the guise of being delinquent. It is also true that if these delinquents are not punished, they will commit crimes as adults.
This raised major concerns about the delinquents' mental health and decision-making abilities. As the world evolved toward humanism and children's rights came under greater scrutiny, juvenile delinquency came under increasing attention. As a result, governments have been obliged to treat juveniles and adults separately.
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Which of the following helped to bring about the end of Apartheid?
Question 9 options:
Success of the United Nations peacekeeping force
A combination of Internal political pressures within South Africa and pressures from the international community
A violent overthrow of the South African government
The spread of communism ended Apartheid because every citizen became equal
The correct option is: A combination of Internal political pressures within South Africa and pressures from the international community.
The end of Apartheid was a result of various factors, including the internal political struggles and movements within South Africa, as well as international pressure from the global community. The United Nations and other countries did play a role in imposing economic and diplomatic sanctions against South Africa, which contributed to the end of apartheid, but it was primarily the internal political movements that brought about change. The African National Congress (ANC) led by Nelson Mandela played a significant role in the struggle for liberation and in dismantling the apartheid regime.
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1. Do you think glasnost contributed to the end of communism in the Soviet Union? Why or why not?
Answer:
Yes.
Explanation:
Glasnost contributed to the dissolution of the U.S.S.R, however were not the leading causes of its end. The forces it unleashed simply hastened the end of an already weak and crumbling system.
To what degree are the modern democratic ideals of voting, open debate, and trial by jury based upon the ideas of the ancient greek city states?
I need a short essay. PLEASE HELP!!!
The correct answer to this open question is the following.
To what degree are the modern democratic ideals of voting, open debate, and trial by jury based upon the ideas of the ancient City-states?
These modern democratic ideas indeed are based on the principles of democracy developed by the ancient Greeks, especially the Athenians, one of the most powerful city-states of ancient Greece.
It was Solon in 594 BC, the one who first established some democratic ideas in ancient Greece. However, it was Cleisthenes in 508 BC, who developed the true concept of democracy, allowing Greek men to elect or decide who their rulers would be.
The Greeks influenced the Romans with some ideas about government. The Romans developed the concept of the Roman Law that influenced the foundation of the United States.
Answer:
Compared to modern democracy, the Athenian democracy had very less rights given to the people. "Only citizens could participate in government—voting to choose officials and pass laws or holding office—and citizenship was restricted to landowning men over 30 years of age. Citizenship meant a responsibility to serve in government and fight for their polis as soldiers when needed" (Page 135). This shows that the rights given to Athenian citizens at the time were really good but nowhere near the number of rights given to citizens in modern democracies. In conclusion, the Athenian democracy was a step in the right direction when it comes to giving citizens a voice in law-making.
Explanation:
In the mid-1950s, president eisenhower’s argument for federal funding of highway construction emphasized
The basic emphasis of President Eisenhower's argument for federal highway funding was national defense.
Why did President Eisenhower want federal highway funding?President Eisenhower believed that in the event of war, there would be a need for an efficient road network that would allow the nation to transport weapons and manpower adequately.
For this reason of national defense, he argued that the federal government should fund the construction of highways. This gave birth to the Interstate system.
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In the mid-1950s, President Eisenhower's argument for federal funding of highway construction emphasized national defense.
What do you mean by funding?Funding refers to the act that provides resources for financing any project, plan, or program.
When the soviet union launched the artificial satellite in 1957, congress responded by passing the national defense education act.
The federal aid stimulated the economy by increasing the authorizations for interstate construction. The Eisenhower administration proposed the financing of the interstate highway system by issuing bonds and expecting governments to contribute at least 70 percent of the total cost.
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Why did John C. Calhoun resign as vice president?
1.to prevent South Carolina from leaving the Union
2.to oppose the Doctrine of Nullification
3.to lead the fight against the Tariff of 1832
Answer:C andA
Explanation:
What did Protestant missionaries try to do to convert American Indians? Check all that apply.
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Complete the Ming China Cause and Effect Chart
Complete the chart using complete sentences.
Answer:
The Ming emperor suddenly halted further construction of ships.
The Chinese were implementing, from fear of the Moguls invading. So, the Great was in place being built and the Government closed off trade and travel so no more boats were built.
The Chinese forced traders to pay in gold and silver.
The Chinese didn't want any product that the Europeans could offer as exchange, due to that the silks and porcelains the Chinese produced were more valuable than the spices, wool and linen that the Europeans used to produce, and the Chinese didn't need that products because they used to make them themselves.
The literacy rate in China rose.
Components thought to add to increasing proficiency rates in this timeframe incorporate admittance to instruction, the Industrial Revolution, strict developments and gender standards. Students of history have generally utilized three wide ways to deal with inspect proficiency and the inquiries encompassing it.
The discovery of a sea route from Europe to Asia decreased human traffic on roads.
Less roads were needed due to this new transport that was faster and more effective.
The Ming dynasty weakened over time.
The fall of the Ming dynasty was caused by a combination of factors, including an economic disaster due to lack of silver, a series of natural disasters and peasant uprisings.
Explanation:
what did romans wear to indicate they were candidates for public office
Romans who were candidates for public office wore a white toga known as the "toga candida" or "toga pura" to indicate their candidacy. The toga candida was a bright white toga made of natural white wool, which was bleached to achieve its distinctive color.
Wearing the toga candida served as a visual symbol to distinguish candidates from other citizens and to draw attention to their political aspirations. It was a way for candidates to display their seriousness and commitment to seeking public office.
Candidates would typically wear the toga candida during public appearances and political campaigns, allowing the general public to recognize their intention to run for office. The use of the toga candida helped candidates garner support and visibility, as it signaled their dedication to public service and their desire to hold a position of power and responsibility in Roman society.
Overall, the toga candida was a prominent sartorial marker used by Roman candidates to indicate their candidacy and to capture the attention and support of the Roman populace during elections.
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Laws to re-establish the conditions of slavery were called
a the New Deal
b. Labor Loss Laws
Black Codes
d. Dependence Codes
Answer: C-Black codes
Explanation:
The Black Codes, sometimes called Black Laws, were laws governing the conduct of African Americans to re-establish the conditions of slavery.
The medieval or church modes gradually gave way to _________________________.
The medieval or church modes gradually gave way to the major and minor tonal systems. This shift occurred during the Renaissance and Baroque periods, primarily due to the development of music theory and compositional techniques.
During the Middle Ages, the medieval or church modes were the primary means of organizing pitches in Western music. These modes, such as Dorian, Phrygian, and Mixolydian, were built on specific patterns of whole and half steps, and they provided the foundation for melodies and harmonies in liturgical and secular music.
However, as music evolved, composers began to seek greater harmonic variety and emotional expression. The invention of polyphony, or the simultaneous combination of multiple independent melodic lines, led to more complex harmonies and counterpoint, which in turn demanded a more stable and flexible tonal system.
In the 16th and 17th centuries, musicians and theorists started to develop the major and minor tonal systems, which are based on two specific patterns of whole and half steps. These systems allowed for the creation of richer harmonic progressions, modulations between different keys, and a greater range of emotional expression.
As the major and minor tonal systems gained prominence, the use of medieval or church modes gradually declined. Composers increasingly favored the new tonal systems, which provided the foundation for the development of classical music in the subsequent centuries.
In conclusion, the medieval or church modes gradually gave way to the major and minor tonal systems due to the evolution of music theory and compositional techniques, which allowed for greater harmonic variety and emotional expression in music.
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Why was India divided into two different countries when it won independence from
Britain?
Answer: Muslim and Hindu Countries.
Explanation:
Muslim majority for the Pakistan and Hindu majority in India. This was done by the British who wanted to enact the divide rule policy on the country in order to make their hold stronger on them. Basically split them in two and make them enemies in order for it to be easier to control them.
The worst industrial accident in United States history was ____. Select one: a. Love Canal b. Exxon Valdez Oil Spill c. Three Mile Island d. Texas City Explosion
The worst industrial accident in United States history was the Texas City Explosion. This tragic event occurred on April 16, 1947, in Texas City, Texas.
A fire onboard the SS Grandcamp, a French-registered ship that was docked in the harbor, ignited its cargo of ammonium nitrate, a highly explosive material. The explosion resulted in a chain reaction, causing other nearby ships and industrial facilities to also explode, and fires to spread throughout the area. The disaster led to an estimated 581 deaths, including all of the Texas City volunteer fire department, and injured thousands more. Property damage was extensive, with many buildings completely destroyed or severely damaged. In addition to the human and economic toll, the Texas City Explosion also had lasting impacts on industrial safety regulations, as it highlighted the need for better handling and storage of hazardous materials. While other industrial accidents, such as Love Canal, Exxon Valdez Oil Spill, and Three Mile Island, had significant consequences, the Texas City Explosion remains the deadliest in U.S. history.
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What is one power the President has
from the Taft-Hartley Act?
A. The president can break a strike if it national
security issues arise.
B. The president has to have the final approval of all
strikes.
C. The president can use unions to help with
campaigning for re-election.
Answer:
A
Explanation:
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Why did earliest Greece maintain more continuity from age to age than either Mesopotamia or India?
Explanation:
The earliest Greek civilization, known as the Mycenaean civilization, emerged around 1600 BCE and was followed by the classical Greek civilization, which flourished from the 5th to the 4th century BCE. During this time, Greece maintained more continuity from age to age than either Mesopotamia or India for several reasons:
Geography: Greece is a relatively small, isolated region, which made it easier for cultural traditions to be passed down from one generation to the next. The geography of Greece also helped to create a sense of shared identity and culture among its people, which further strengthened continuity.
Language: The Greek language was a unifying force in Greek society, providing a shared means of communication across different regions and time periods. The continuity of the Greek language also helped to preserve cultural traditions and knowledge.
Religion: The ancient Greeks shared a common polytheistic religion, which provided a shared set of beliefs and practices that helped to unify the culture over time. The continuity of Greek religion also helped to preserve cultural traditions and values.
Writing: The Greeks developed a system of writing that enabled them to record and preserve their cultural traditions, history, and knowledge. The use of writing helped to create continuity across different time periods, allowing cultural traditions to be passed down from one generation to the next
Which is an accurate description of the Underground Railroad?
It guided slave hunters with captured runaway slaves on their return voyage.
It allowed abolitionists to travel south secretly and observe slave conditions.
It relied on safe houses run by northern whites and blacks to move slaves to Canada.
It arranged for slaves to visit friends and relatives who lived on different plantations.
Answer:
c
Explanation:
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Congratulations! You have just been awarded a prestigious job as the lead historian for a new exhibit going in at the National Geographic Museum. Specifically, the museum is looking to create a display that highlights the Age of Exploration. As such, you will need to select a theme or individual from this era that you think would not only best represent the time period in question, but would also appeal to museum attendees. Before the museum will install the exhibit, they need you to submit a written proposal that details what you plan to present and how you expect it to be done. There are some basic requirements that the museum is interested in seeing satisfied in your proposal:
The exhibit should offer more than one perspective. Where are there conflicting interpretations and views about the actions of a particular explorer or nation? What sources/materials will you be including to offer a balanced approach?
he proposed exhibit for the Age of Exploration at the National Geographic Museum will focus on the theme of Christopher Columbus and his voyages.
It will aim to present multiple perspectives and conflicting interpretations of Columbus's actions, incorporating various sources and materials to provide a balanced approach.
The exhibit will showcase Christopher Columbus as a central figure in the Age of Exploration while acknowledging the contrasting perspectives on his voyages and their impact.
It will highlight differing viewpoints on Columbus's interactions with indigenous peoples, including the debates surrounding his treatment of the native populations and the consequences of European colonization.
To offer a balanced approach, the exhibit will incorporate a range of sources and materials. Historical documents, primary accounts from indigenous perspectives, and scholarly analyses will be included to present different interpretations of Columbus's actions.
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1. As a person attains more education, what happens to their salary?
2. Define Economics:
3. Define Needs:
4. Define Wants:
5. Define Scarcity:
6.
Why do we have Scarcity?
Answer:
whay do we have scarcity?
The resources that we value—time, money, labor, tools, land, and raw materials—exist in limited supply. There are simply never enough resources to meet all our needs and desires. This condition is known as scarcity. ... Because these resources are limited, so are the numbers of goods and services we can produce with them.
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How did the invention of the astrolabe help Vasco da Gama make his voyage to India
The invention of the astrolabe helped Vasco da Gama navigate by determining latitude, observing celestial bodies, and correcting compass readings.
The invention of the astrolabe played a significant role in Vasco da Gama's voyage to India by aiding in navigation and celestial observation. The astrolabe is an ancient instrument used for measuring the angles of celestial bodies, particularly the altitude of the Sun and stars. Here's how the astrolabe helped Vasco da Gama:-
Determining latitude: The astrolabe allowed sailors like Vasco da Gama to determine their latitude, which is the distance north or south of the equator. By measuring the angle between the horizon and the Sun or a known star, sailors could calculate their latitude and determine their position accurately. This information was crucial for plotting a course and keeping track of the ship's progress.
Navigating at night: The astrolabe enabled navigators to observe the positions of stars and determine the ship's latitude even during the night. By measuring the altitude of specific stars, sailors could determine how far north or south they were, helping them stay on the desired course.
Determining time: The astrolabe also helped sailors estimate time, which was important for navigation. By observing the position of the Sun or specific stars, sailors could determine the time of day or night, helping them adjust their navigational calculations and maintain accurate timekeeping during the voyage.
Correcting magnetic compass variations: The astrolabe allowed Vasco da Gama to correct the magnetic compass readings, which were affected by variations caused by the Earth's magnetic field. By comparing the observed celestial positions with the compass readings, navigators could adjust the compass's course and account for any discrepancies, ensuring more accurate navigation.
By utilizing the astrolabe's capabilities, Vasco da Gama and his crew could better navigate the vast oceans, accurately determine their position, and maintain a more precise course towards India. The astrolabe was a valuable tool that significantly contributed to the success of their historic voyage.
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What were some similarities of ancient Greek poverty and ancient Roman poverty?
Answer:
Both Greece and Rome were peninsulas. They both had plenty of mountains, they were both surrounded by sea (s) on three sides, and they both had a Mediterranean climate. But Rome had fertile soil on their Italian Peninsula, while the Greeks had poor soil on their Pelopennesus Peninsula.
Explanation:
. what happened to the labor force participation rate in august 2018? the labor force participation rate in august 2018 _______.
Both the labor force participation rate, at 62.7 percent, and the employment-population ratio, at 60.3 percent, declined by 0.2 percentage point in August.
Labor force participation rate helps to measure an economy active workforce.Divide the labor force by the total number of people who are working-age to get the rate of participation in the labor force. The age range of the population in working age is 15 to 64.This data is presented as a percentage of each age group and is broken down by age. The percentage of the population that is either employed or actively seeking employment is referred to as the participation rate.
As a result, calculates the percentage of adults who are either employed or actively seeking employment. In September 2018, the labor force participation rate remained at 62.7%. That is the proportion of the civilian, non-institutional population over the age of 16 who are employed or actively seeking employment. Since the end of 2013, the labor force participation rate has been in a narrow range.
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