Answer:
Oil
Explanation:
When overproduction occurred, it create a situation when the stock of the products far outnumbered the amount of people who are wiling to buy it. As a response, sellers started to reduce the price of the oil in order to make consumers more interested to buy it.
This caused a massive fall in oil price during the 1930s. Before the over production, the cost of oil at that time was around $ 1.88 / Barrel. After the overproduction, it became around 65 cents per barrel .
Answer:
Explanation:
This paper proposes a definition of systems thinking for use in a wide variety of disciplines, with particular emphasis on the development and assessment of systems thinking educational efforts. The definition was derived from a review of the systems thinking literature combined with the application of systems thinking to itself. Many different definitions of systems thinking can be found throughout the systems community, but key components of a singular definition can be distilled from the literature. This researcher considered these components both individually and holistically, then proposed a new definition of systems thinking that integrates these components as a system. The definition was tested for fidelity against a System Test and against three widely accepted system archetypes. Systems thinking is widely believed to be critical in handling the complexity facing the world in the coming decades; however, it still resides in the educational margins. In order for this important skill to receive mainstream educational attention, a complete definition is required. Such a definition has not yet been established. This research is an attempt to rectify this deficiency by providing such a definition.
Factors for:
The land was suited to growing sugar.
Sugar was easy to load and ship.
Sugar was in HIGH demand. It was almost seen as a necessity by some people.
It was in the colony of "New Jersey" that <span>the Quakers purchased land from lord John Berkeley, since this became the Quaker colony of "West New Jersey". </span>
