The answer is money. It was believed that if they found a shorter way to Asia that they could access the trading market more easily and avoid middle-men and things like that. They could open companies there and trade for much less money and earn much more. However, he ended up in the Americas, not India.
Prohibition was hard to enforce because citizens always found a way around prohibitions rules, such as bootlegging and smuggling alcohol from canada
Answer:
Explanation:
Example
Let us take this slowly by considering a bicycle. You are given 1 bicycle and you wish to sell it. 4 people are interested and think your price is fair.
so the supply is 1 bicycle
and the demand is 4 people
If those people are want the bicycle equally, what do you think could happen to the price of the bicycle? Shouldn't it go up? Especially if they are all willing to make side deals.
Supply: 1 bicycle
Demand: 4 people
Price goes up.
Now go back.
Suppose you have 10 bicycles and only 8 people are bidding on them. They are not really that interested. So you have to lower the price until someone bites.
Supply: 10 bicycles
Demand: 8 people.
Price goes down. The supply exceeds the demand.
