Answer: proximity to open water
Explanation:
This did not come until far later
The main political unit that emerged in the world is A. the state. A state is defined as a territory or land in which a defined number of constituents is ruled over a governing body that follows and implements a system without following necessarily a superior power. I think this is powerful enough.
The answer for your following question would be : A the government
The government determine what , how and at what prices for a product because cuba established a communist economic system, in which all economic activities in that country are controlled by government
A bubble is a situation in which there is a rapid escalation of <span>asset prices which is later followed by a contraction of the same. When there is a surge in asset prices which is unwarranted by the fundamentals of the assets that are in question and an exuberant market behavior supports it, a bubble is created. When nobody buys anymore and starts selling everything off then the bubble is deflated.
In that period, many people started buying homes with mortgages with adjustable rates. When the stocks started rising so did the prices of mortgage interest rates and people started realizing they couldn't pay back their loans and started losing homes. When the homes were taken away, there was a realization that the houses were not worth at all the price that was owed and that banks would suffer severe losses because of the bad mortgages that they gave. This led to the 2008 recession.</span>