Answer:
The main concern for Portuguese explorers in Brazil was finding any usable resources for trade or agriculture
Thus the correct answer is Option C.
Explanation:
Portuguese started to migrate from Brazil in search of economic opportunities. Portuguese population increased in Brazil. People were mostly countryside farmworkers and they settled in urban areas in Brazil as minor traders, retailers, gatekeepers and cobblers.
Due to internal civil wars and upheavals in Portugal there was huge evacuation of people to Brazil. The World War I and the great depression temporarily halted the immigration.
Many Portuguese opened bars, restaurants and small scale industries in Brazil to earn their livelihood and gradually the immigration dwindled.
The role of pawnbrokers was making loans in exchange for property
To get money from the stocks
Considering the situation described above, the costs of rentals will become higher.
This is because when a lot of people lose their homes and start renting, there would high demand for house rents, thereby leading to a high cost of rentals.
The cost will change because the demand is increasing, and it might even increase more than the supply; hence, the cost of rentals would increase.
The economic principle that explains this concept is known as the "Housing Bubble."
A Housing Bubble is a phenomenon whereby there is an increase in housing prices or the cost of house rents due to an increase in demand, speculation, and high spending from the people.
Hence, in this case, it is concluded that Housing Bubble is an economic phenomenon that can drive the cost of housing up.
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