Answer:
The banks closed so they could not afford health care.
Explanation:
Many of the elderly had a significant portion of their savings in the banks. When the banks closed, some lost a significant portion, if not all, of their savings.
Answer:
Political borders were decided by European powers without consideration of the political and historic connections in the region.
Explanation:
After the fall of the Ottoman Empire, a power vacuum was created in South West Asia.
This power vacuum attract many empires within the region which previously have to live under the Ottoman's shadow. They wanted to rise up and took the territories that previously under the ottoman's control.
Since none of the empire was particularly stronger over the other, Ottoman's past conquests were separated into smaller chunks which controlled by different empires.
After the hostile takeover, many of the new conquerors forced the past ottoman citizens to conform to the new traditions and religion and abandon the old ones. Which is why political and historic connections in the past ottoman's region gradually forgotten over time.
Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
Answer:
A group of cottages that served as a factory
Explanation:
The definition states it’s worked at home which takes out the bottom two answers and it doesn’t mean it’s worked all together
