Answer:
European society began to trade with more kingdoms and empires
Answer:
Explanation:
The Industrial Revolution lead to imperialism because it gave the motive and the ability to imperialize Asia and Africa. The first major inventions that began the Industrial Revolution were the steam engine and spinning jenny. The steam engine was created in the early 1700s, and perfected in the late 1700s.
False, conquerors see their colonies as tools more than anything else.
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
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