The "shrinking" of time and space as air travel and the electronic media make it easier for people of the world to communicate with one another refers to

Global village

Explanation:Global village refers to a situation of how the world is becoming more and more interconnected due to the level at which technology is advancing throughout the whole world.

A person is able to communicate with someone so easily no matter which states they are at and than has actual lowered the distance and time between people.

texas governor sam houston opposed secession, but was unable to prevent it. in this speech, given prior to lincoln's election, he presents the argument that slavery would be safer within the united states than outside of it. it was a prescient argument, and one held by several other southern leaders.

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levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.