Answer: The exploitation of natural and ore resources and the slave trade.
Explanation:
The British had several colonies in the territory of Africa, and some of the most significant settlements are Gambia, Sierra Leone, Ghana. The British appropriated all the economy of the colonized areas. They used the natural and mineral resources of the conquered countries. Indigenous people worked for them, sending raw materials to Europe and Africa because there was more to the price. In the nineteenth century, the slave trade intensified so that a large number of the African population were victims of the slave trade. Large quantities of gold have been exploited from Africa to their home country, which is one of the most valuable resources the British have exported from Africa.
Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
<span>The assassination of Archduke Franz Ferdinand in the Balkan city of Sarajevo provided the Austro-Hungarian government with a pretext for crushing Serbian nationalism, something it had long desired.</span>
- Overthrowing social order
- Overthrew the monarchy
- Brought the Church under state control
