Answer:
True
Explanation:
<u>Price system in economics, is component of the economic system which uses the prices that are expressed in any form of the money for valuation and the distribution of the goods and the services and factors of the production.</u> All modern societies use the price systems to allocate the resources except for the possible remote and the primitive communities.
Price system can be either the fixed price system in which the prices are administered by the government organization, or it may be the free price system where the prices are determined by the supply and the demand uninhibited by the regulations.
Answer:
The plantation system developed in the American South as the British colonists arrived in Virginia and divided the land into large areas suitable for farming. Because the economy of the South depended on the cultivation of crops, the need for agricultural labor led to the establishment of slavery.
I think they were on foot or in a carriage or on horses or on a boat
