Alright my friend it took them about 70 years to actually rebuild everything and become stable.
British have red coats and Americans have camo.
Georgia was different from the other twelve colonies. It received money from Parliament to get it started, and alone of the 12 colonies, prohibited slavery and the import of alcohol. It is generally believed that lawyers were not allowed in the colony, but no legislation has been found to prove it. The settlers had no control of their own government - it was entirely ruled by the trustees.
This statement is WRONG.
The supply curve is an upward-sloping function that determines the relationship between price and quantity supplied. Therefore, if the quantity supplied changes, this would trigger <u>a movement along the curve (and not a shift!). </u>
- An increase in the quantity supplied corresponds to an increase in the selling price of the product. Producers are willing to supply larger quantities when the price is higher. This proves why the slope of the curve is positive.
- On the contrary, a decrease in the quantity supplied corresponds to a decrease in the price.