The decreases in price leads to greater quantity demanded and limited supply, which occurs during excess demand.
Supply and demand are two of the most important factors in the economy, as they identify the elements within a consumption relationship. When an item is traded, there are always two economic agents involved: one that buys and the other that sells, which are, respectively, the plaintiff and the offerer.
The countries in blue on this map can be categorized as democracies i.e., a type of government where the leaders are elected by the citizens through an election.
Answer: Option A
<u>Explanation:</u>
Democracy is a type of governance in which the citizens of the country elect their leaders or elected representatives for a fixed tenure through a voting system. After the end of the tenure there will be elections conducted again to elect the leaders or representatives.
Although there might be some slight variations in the types of democracy being exercised, such as Parliamentary democracy or direct democracy or authoritarian democracy, the common trait of these countries is that they are democratic in nature.
<h2>
To appeal to the dissatisfied, multi-ethnic population of the Soviet Union.</h2>
A comment from the <em>History Channel</em> explains the situation in the USSR when Gorbachev was in power. "In 1985, even many of the most conservative hardliners realized that much needed to change. The Soviet economy was faltering and dissidents and internal and external critics were calling for an end to political repression and government secrecy." As far as the aim of Gorbachev's reforms, "The plan was for the Soviet Union to become more transparent, and in turn for the leadership of the nation and the Communist Party to be improved," according to <em>YourDictionary</em>.
In March 1985, Mikhail Gorbachev proposed policies of <em>perestroika </em>(restructuring) and <em>glasnost</em> (openness) in the Soviet Union. These seemed like policies that leaned in the direction of Western ways of economics and politics. <em>Perestroika </em>meant allowing some measure of private enterprise in the Soviet Union. <em>Glasnost </em>meant allowing a bit of freedom in regard to speech and publication. Gorbachev was not trying to get rid of the Soviet communist system. He actually was trying to prop it up and preserve it, because it was starting to have many problems sustaining itself, and there was too much dissatisfaction and dissent occurring among the country's people. But in the end, opening things up a bit with <em>perestroika </em>and <em>glasnost</em> policies pushed the USSR further in the direction of shedding the communist model under which it had lived for so long, and would begin to spell the end of the USSR.
