Famine means a shortage of food
Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
Answer:
6. The correct answer is C) The increasing demand for high-value goods and manufactures in Afro-Eurasia
Explanation:
The correct answer is C) The increasing demand for high-value goods and manufactures in Afro-Eurasia
It is possible to appreciate all the list of products and merchandise mention in the letter by Madmun ibn al-Hassan for which it is conceivable to conclude about the rising number of merchandising in Afro-Eurasia
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Answer:
Tap "Praises"
Slide the praise to the left and tap "Delete"
The correct answer is The schism resulted in two separate churches: the Eastern Orthodox Church and the Roman Catholic Church.
The Great Schism was the event that caused the rupture of the Church, separating it in two: <u>Roman Catholic Apostolic Church</u> and <u>Catholic Apostolic Orthodox Church</u>, from the year 1054, when the leaders of the Church of Constantinople and the Church of Rome mutually excommunicated.
