In August 1969, in Bethel, NY some 400,000 people swarmed to MAx Yasgur\'s 600 a
ID: 1222688 • Letter: I
Question
In August 1969, in Bethel, NY some 400,000 people swarmed to MAx Yasgur's 600 acre farm for the woodstock music to hear rock acts like the Who and Jimi Hendrix. In 2007 with plenty of land available and only 100 miles from New York City, people built weekend homes. As a result of all the development in 2007, Bethel has placed a moratorium on subdivisions.
Draw a graph to show the change in the land market from 1969 to 2007
Draw a graph to show the Bathel labor market in 2007. Explain the effects of the moratorium on the Bethel labor market.
Thank You
Explanation / Answer
Given Data,
In 1969,
People =400000
Land available = 600 acre's
Distance from Bether to the farm is = 100 miles .
You have asked me to draw the graph for the change in land market .
Shall in know on what parametes you want me to draw ?
Land market means people buying lands . So one parameter is people and other is land . Now , to draw change in land . We need data like ,how many people has brought land and at what cost.
i have understood , There are some restrictions on labhour markets . But there is should be some parameters involved to put in on the graph .
I love to gain some understanding, Please add your requirements in the comments . I will keep up to answer the question .
Happy learning !