For Europe, settlement meant alleviating some of the financial and physical stress caused by overpopulation, as well as opening up new avenues for trade. For North America, it meant the systematic murder and eventual removal of Native Americans, as well as the eventual birth of America, the world's most powerful country.
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<span>The
mechanism establishing natural price by Adam Smith connects with effective
demand and free competition. If you cut the supply of goods, the demand for
them is higher. Because of this, there competition between buyers. Afraid not
get the right product, they agree to buy it at a higher cost. The market price
will rise. When supply and demand are roughly equal, the market value
corresponds to approximately natural.</span>
Answer:
Columbus was the first explorer
China, with most decision making power concentrated into a few members of the communist party is best described as a Oligarchy. This is the form of governance where most decision making powers lies with a powerful few and the others have to agree and obey the decision made. I hope the answer helps you.
