When the price of a good rises the amount demanded decreases and when the price of a good falls the amount demanded increases
Answer:
Colonies were a way for the mother country to engage in the practice of mercantilism, or increasing their power by creating a source for exports and raw materials. ... During the Age of Imperialism in the late 19th century, many colonies existed as a result of competition between world powers.
The south was the main trader before the civil war and It hurt the agricultural trading the south was doing with Europe. The south lost money and the north kept the agricultural product trade local
