I beleive it's Nation Y imports precious metals, minerals, and agricultural products from country X.
But I'm not 100% sure.
Answer:
Trade with Asia was so important to European nations because Asia had highly prized goods that Europe didn't have. These products, mainly, were spices (from the Middle East) and fabrics, especially silk (from China).Aug 29, 2016
Human effort is one of the resources of production describes human effort in economics
Answer: Option B
<u>Explanation:</u>
Human effort is one of the resources of production. Human efforts typically refers to the labor that the humans put in in the production process. Human efforts are made use of in the production of goods and services. For most production processes, human effort is a central and main activity.
This is because without human effort or labor, the production process may suffer from hindrances and obstacles. Humans tend to possess the skills that can be used in the production of goods and services that are of use in an economy.
<span>Britain had enjoyed quite a long period of political stability and Britain had been economically prospering. This led to land-owners having spare capital to invest in new ideas and innovations like new machinery.
The price of agricultural produce had gone up on the Continent, so land-owners could reap great rewards by enclosing their land and buying a seed drill - making many of their farm labourers unemployed. (incidentally this also neutered the only real threat to Britain's stability - the Jacobite pretender - as the highlands were cleared of people to make way for sheep).
This climate of economic growth, new ideas and innovations (not only in farming, but in science as well), spare capital to invest and an unemployed rural work-force coupled with the abundant and easy to obtain natural raw materials, like coal and iron ore fed the early industrial revolution.
Another key factor was the British weather - rain to feed the rivers that turned the water-wheels of the early mills and factories. </span>
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