Is based on supply and demand. With little or no government control. Buyers and sellers are allowed to transact freely if on mutual price agreement without state interfering in the form of taxes, subsidies or regulation.
According to the passage, European countries have a problem with entrepreneurs starting businessses because there is a lack of entrepreneurs in Europe. In order to promote entrepreneurs, the passage suggest to change school education, change administrative requirements and find investors that are easier to attract.
AGRARIAN
adjective
1. of or relating to cultivated land or the cultivation of land.
synonyms: agricultural; rural; rustic; farming; countryside
noun
1. a person who advocates a redistribution of landed property, especially as a part of a social.
The effect of Britain passing the Townshend act:
colonists boycotted taxed goods in protests and daughters of liberty produced substituted goods
The effect of Britain sending a warship to New England:
More tension grew between Britain and the colonies resulted in the American revolution
Answer:
The correct answer is option D.
Explanation:
A change in the quantity demanded is shown by a movement along the same demand curve. A change in quantity demanded happens because of a change in the price of the commodity while other factors affecting demand remain constant.
A change in the demand is shown by a shift in the demand curve. It happens when the price level remains the same but other factors change.
The other factors affecting demand for a commodity are the income of the consumer, population, tastes, and preferences, etc.
