The national government was able to raise money as it sold land in the area.
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The one that cause a consumer to have an elastic demand for a product is : C. the product isn't a necessity
If that product is a necessity (such as food and water), the demand wouldn't be affected by prices because people will still buy it anyway
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One way that the British government carried out the policy of mercantilism was by (4) requiring that most colonial trade occur within the British empire. This was the basic policy of colonial mercantilism, where colonies such as the United States could only trade with Great Britain, and was banned from trading with other colonial superpowers, such as the Netherlands, France and Spain.
The depression originated in the United States, after a fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). Between 1929 and 1932, worldwide GDP fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II.
Advertising a product changed from simply announcing the existence of a product in a dull, dry fashion to persuading the public they needed and deserved to own the product. By developing repeat customers, advertising also helped build brand loyalty for the company.
