Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
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The correct answer is Formation of the British East India Company, the Sepoy rebellion, complete British colonization of India, formation of the Indian National Congress
The British east India company was a trading company that managed to colonize India through trade domination. When the Sepoy rebellion arose because of that, Britain resolved that issue and introduced the British Raj which meant that it was under British rule now, not under the rule of the company. This resulted in the creation of the National Congress which was the first nationalist party that fought for Indian independence.
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Humanism was a cultural and intellectual movement of the Renaissance. It was a system that focused on the potential and worth of each individual.
