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 wars disruption of trade was a cause that contributed to a weak economy in the 1780s.
During the 1800s, nativists promoted the idea that immigrants contributed to unemployment by competing for jobs that they believed should go to people born in America..
hope this helps
Answer:
The Velekete Slave Market established in 1502 in Badagry, Lagos State, was significant during the Trans-Atlantic Slave trade in Badagry as it served as a business point where African middlemen sold slaves to European slave merchants thus making it one of the most populous slave markets in West Africa.
Explanation:
A.
abolitionists in free states such as Massachusetts
