Answer:
Some of the gains from trade shift to Portugal.
Explanation:
The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.
In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.
So, to conclude, Portugal will gain from this trade.
Answer:
A
Explanation:
During the 1700s and 1800s, colonists took part in the American Slave Trade, where they drove thousands of Africans out of their home countries and forced them to work for the Americans. Due to the color of the Africans' skin, colonists thought that they were inferior to Americans/whites and that colonists could then work Africans without any pay.
This kind of work not only gave colonists a sense of freedom because they no longer had to endure the backbreaking work, but it also relieved them of financial burden since they didn't have to pay their slaves.
Look for an answer choice that matches the above description. Only A makes sense.
B is wrong because people were not required to have slaves. They could if they wanted to.
C is wrong because it was not illegal to pay slaves; colonists just chose not to because that would benefit them more.
D is wrong because it was not illegal for others to do work; in fact, many colonists did work on their own farms before, during, and after the Slave Trade.
Hope this helps!
Answer:
Laziness
Explanation:
Strategic planning refers to the process of clearly defining the future plan where the company is headed along with specific list of actions, resources allocation, and budgeting that the company need to do to get there.
Strategic planning will most likely be good for every company, but it does not necessarily needed for the company to profit. Often times, the scope of operation was too small for strategic planning to be necessary. (For example, many small restaurants or other forms of small private owned businesses can generate a profit without having to make strategic planning). Laziness is not a valid reason why some of them chose not to do it.
It is true that immigrant families can often embrace new cultural traditions and practices while keeping some of the traditions and practices from their original cultures.
