I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
The English Bill of Rights is an act that the Parliament of England passed on December 16, 1689. The Bill creates separation of powers, limits the powers of the king and queen, enhances the democratic election and bolsters freedom of speech.
Answer:
Native Americans lived in a wide variety of homes. Different tribes and peoples built different types of homes. What kinds of homes they lived in depended on the materials that they had available where they lived. It also depended on the kind of lifestyle that they lived as well as the environment.
Answer:
Thomas Jefferson's leadership and the Federalist ideology