Answer:
Guilds
Explanation:
Guilds helped build up the economic organization of Europe, enlarging the base of traders, craftsmen, merchants, artisans, and bankers that Europe needed to make the transition from feudalism to embryonic capitalism.
A company with a pure monopoly means that a company is the only seller in a market with no other close substitutes. ... Also, with pure monopolies, there are high barriers to entry, such as significant start-up costs preventing competitors from entering the market.
Answer:
At first Taghaza had been controlled by the Saharan nomads, but in the early 14th century the rulers of Mali managed to maintain some control over the routes leading these mines from the south. Ghana's location allowed them to control this trans-Saharan trade.
Explanation:
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The answer is: Producers make a greater profit when the retail price of an item is lowered.
According to the free market economy when the price of a product or good is lowered the producers make a lower profit.
The main advantages of the free market economy are the contribution to political, civil and economic freedom. The insurance of a competitive market. The consumer's protagonism and the supply/demand competition that ensure the best goods at the lower price.
