The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
The correct answer should be
<span>C. the diverse geography of the colonies encouraged different economic pursuits.
The differences were vast. In the south they had long growing seasons and warm climate so they grew things like cotton. Other colonies in the middle especially grew things like crops or tobacco which was in Virginia. Northern colonies that didn't have such a great climate dealt with logging and things like fishing and whaling. Everyone built around the climate.</span>
The west African Kingdom of Mali grew in wealth and power by controlling the trading of gold and salt.
Answer:
King Philip's War was an armed coflict in 1675 - 1678 bewteen indigenous inhabitants of New England & New England colonists and thier indigenous allies . The Long Term effects the philips war had on southern new england was that thousands of indians were killed, wounded or captured and sold into slavery or indentured servitude .
Answer:
Answer Below:
Explanation:
The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2), establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the "supreme Law of the Land", and thus take priority over any conflicting state laws.
