Answer: It slowed down growth.
Explanation:
It lead to a situation where by lots of people were not able to compete with the huge plantation and this made people move away, thus slowing down growth.
Explanation:
why managed floating rate is called dirty floating exchange rates ? Due to the reason that government interferes in it and those prices which were to be settled by the demand and supply rule have been intervened by the central bank. Thus it is known as dirty floating rate.
One disadvantage of Pre-Columbian civilisations is that they had no animals that could be used to carry things - such as donkeys or horses, so the goods could not be transported as well as in the Old World - those animals simply did not evolve in America or disappeared by that time. People often had to transport the goods they wanted to sell on their backs.
The concrete operational stage
