18th century war between the major powers of Europe and the Ottoman Empire.

1 answer:

7 0

The answer is the Seven Years War between 1756 and 1763. This was a war between two factions: on one side we have France, Austria, Saxony, Sweden and Russia. On the other side was Prussia, Hanover and Great Britain. The main reason for this war was to gain control of North America between France and Great Britain.

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The type of economic system a producer is operating in determines the way these outputs are distributed, what goods and services are produced as outputs, and how scarce resources are allocated among producers to create these outputs. The most common types of economic systems are market, traditional, command.
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After the Civil Rights Era, many black people were able to thrive and make significant social, economic and material gains. Many African-Americans moved to cities in order to find better work opportunities. Others decided to pursue higher education, as institutions were more accepting of their enrolment. Many African-Americans joined the middle class and were able to buy houses in desirable areas.

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The black community, as many other communities, has a class stratification. This means that many within the community belong to high classes, many others are middle class, and many are from the lower classes, regardless of the fact that they share the same skin colour. Because of this, sometimes tensions can arise within the community. Many people from the lower classes might resent higher ones, while people from the higher classes can sometimes fail to see the constraints that the lower classes have.

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Which of the following correctly describes how a firm's monopoly power would decrease? A. If the production process includes m

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We should note that the monopolist enjoys market power due to theofact that its product has an inelastic demand that is, a price change will have a minimal impact on the demand.

But the monopoly power will reduce in a case whereby the market demand curve becomes more elastic, then the firm's demand curve will become more elastic as well.

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