The institutionalization of trade has been around since the "value theory" of David Ricardo in 1817, which argues that some countries had more feasible conditions to produce a better output of certain products in comparison to others. As a result, they had to engage in trade with other countries that had products they lacked.
"Labor" and "resources" are the key factors that fuel trade. As some countries have a cheaper labor force, it makes their products have competitive prices in the market. On the other hand, certain countries have scarce resources that many other countries do not have such as gold and other minerals. Therefore they have to engage in trade with the countries that extract them from their soil.
Answer:
C
I've read or seen something like this before
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The Forbidden City survived waves of drastic alterations made to Beijing's architectural layout in the 1950s and 60s
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Historians describe the creation of schools and focus on education — for both blacks and whites — in the South during Reconstruction. ... Most of the Southern states, before the Civil War, made it illegal to teach a slave to read and write. Now, some African Americans did learn to read and write secretly.
Explanation:
The correct answer to this open question is the following.
The response to the launching of Sputnik by the Soviet Union in 1957 was the following: "the federal government began spending billions of dollars to improve American science and language education."
The space program had to be sped up because, in those years of the Cold War, it was inadmissible for the United States to behind the Soviet Union in the space race. The United States federal government also invested a lot in education and space research.
On October 4, 1957, the Soviet Union launched Sputnik into space. People in American could not believe what their eyes were watching and their ears were listening. United States citizens expressed concerns about the lag of their country in the Space Race.
On April 12, 1961, the Soviet Union did it again. They launched Vistock 1, with Yuri Gagarin into space.
