1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
3 years ago
5

Please select the word from the list that best fits the definition More goods than are needed

History
1 answer:
egoroff_w [7]3 years ago
7 0

Answer:

The answer is oversupply, or excess supply, or excess production.

Explanation:

When more goods than are needed are produced or supplied, we have a situation in which supply does not meet demand, because supply is in fact higher than demand.

This creates a problem for suppliers (producers) because they have to charge lower prices in order to get rid of excess production.

A government policy that often causes excess supply is binding price floors. A binding price floor is a minimum price set by the government. This policy does not allow prices to adjust further below the legal limit, causing excess supply. The most common example of a binding price floor is the minimum wage. Minimum wages cause unemployment because they create an excess supply of workers, for a smaller demand of labor.

You might be interested in
Which 1780s event demonstrated that the "league of friendship" under the Articles was incapable of suppressing insurrection and
NikAS [45]

Answer:

C. Shays's Rebellion.

Explanation:

The Articles of Confederation was the first constitution of the US, it lasted from 1776 until 1789,  established a weak central government and gave most of the powers to the states.

Under the Articles of Confederation economy of US stumble as the central government lacked the power to enforce tax laws and regulate commerce.  

Shays rebellion also revealed its weakness of federal government as it was unable to finance the troops. It was a rebellion of Revolutionary War veterans. The rebellion was finally put down by a privately funded local militia and Massachusetts State militia as the federal government was unable quell it.  

Shays rebellion and lack of powers of central government revealed the weakness and the widely held view was to amend the constitution and reform the government.

5 0
3 years ago
Which of the following did NOT occur after federal troops moved out of the South and stopped enforcing African American rights a
Paul [167]

Answer: A Jim Crow Laws were put in place.

3 0
3 years ago
After the Muhammad died what was the purpose of the caliphs?
juin [17]

Answer:

The leader of a caliphate is called the caliph, meaning deputy or representative. All caliphs are believed to be the successor to Prophet Muhammad. ... Abu Bakr's supporters would come to be known as Sunni Muslims, who believe that Muhammad did not leave instructions regarding his successor.

Explanation:

He established a new unified Arabian Peninsula, which led to the Rashidun and Umayyad Caliphates and the rapid expansion of Muslim power over the next century, With additional support, Abu Bakr was confirmed as the first caliph (religious successor to Muhammad) that same year

4 0
3 years ago
Read 2 more answers
What is the significant of the constitution beginning with "we the people" rather than "we the states"?
zepelin [54]

Answer:

See below

Explanation:

We the people show that they represent the people, not the government. They wanted to express that the people now have a voice, it isn't an authoritarian regime or monarch makes all decisions. Ironic since the state representative's vote instead of the people. lol

6 0
3 years ago
True or False?
Bas_tet [7]

Answer: False

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • What did Truman believe was critical to Europe's recovery?
    15·1 answer
  • Why people want to search for gold?
    6·2 answers
  • Why did the Allied agreement to fight until the Axis Powers surrendered unconditionally possibly prolong the war?
    7·1 answer
  • Why are skeletons and skulls used in Day of the Dead celeb
    8·2 answers
  • Mark the statement correctly if it describes a cause of the Hundred Years' War.
    11·1 answer
  • This is the Chinese region that was a military and political battleground between Japan, China, and Russia; Russia claimed it in
    6·1 answer
  • Which statement best completes the timeline of German history?
    13·1 answer
  • PART A: What is the meaning of "culmination" in paragraph 1?
    14·2 answers
  • How did the medieval catholic church influence daily life?
    8·1 answer
  • List Indian contributions in the fields of Mathematics, Science and Medicine.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!