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Price elasticity of demand is a measure used in economics to show the responsiveness or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes. ... Revenue is maximised when price is set so that the PED is exactly
Mesopotamia--this early civilization traces connections to trade as early as 2300 BC connecting to Egypt and the Indus Valley.
Through trade, ideas and collective learning occurred spreading to these Bronze Age civilizations. Eventually this spread to more growing civilizations to the north (Greece) and east (Persia).
There are three distinct but communicating and interacting geographic regions covered by this term: Crete, the Cyclades and the Greek mainland. Crete is associated with the Minoan civilization from the Early Bronze Age.
Protect the bill of rights. Preserving freedom can be seen as securing the blessings of liberty. Maintaining peaceful nations can be seen as insure domestic tranquility. Defending against external enemies can be seen as providing for the common defense.
<u>The following conflicts were </u>
- The ongoing Cyprus dispute: is a conflict between the two communities that coexist in the island: Turkish and Cypriots (connected to the Greek culture). There was a Turkish military invasion in 1974, when the Turkish occupied the Northern third of the island and self-declared the Turkish Republic of Northern Cyprus, only recognized by Turkey nowadays. In fact, the Republic of Cyprus is recognized in the international community and a single legitimate state, that comprises the whole island.
- Former Yugoslavia: the ethnic conflict in fact led to the Yugoslav Wars and to the disolution of the Socialist Federal Republic of Yugoslavia in 1992. The different republics that formerly constituted Yugoslavia (he SR Bosnia and Herzegovina, SR Croatia, SR Macedonia, SR Montenegro, SR Serbia and SR Slovenia), declared their independence, even tough there still existed internal ethnic tensions on each.
- Iraq: ethnic conflicts due to the divisions between the Sunni and Shi'ite factions in Iraq. Concerns emerged with the arrival of Sadam Hussein to power. The conflict stills ongoing nowadays.
