U have to list the factors so i can answer the question
The African countries can easily be described and generalized, in the sense of the whole continent, as the economies are predominantly dependent on one or two products.
That dependence on one or two products is making very big problems, and it is also a very big mistake of the governments. When there's a slight variation in the prices on the certain product, the economies are heavily influenced, often in a bed manner.
It is weird though that the African countries have orientated their economies in this way, especially because the continent is very rich in lots of natural resources.
43,2. You find the answer by doing 5.4ft • 8 minutes
<span>the true statement about compasses is: B. Compass magnets can be deflected by earths magnetic field or other permanent magnets. Im pretty sure thats something that happens to a magnet
This very same characteristic make a compass unable to function if it got close to another source of magnetic force, in most case the compass' needle will spin uncontrollably</span>
Answer:
C. supply and demand
Explanation:
<u>In the system of the market economy, the decisions about economic processes are based on the of the people (how much they need and buy something) and the needs of the supply (needs for natural resources, goods, and things which can be bought). </u>
A market economy also means the pricing of the goods is based on the demand for them. If products are not in demand and bought by the customers, it’s the price and supply goes down. Once the demand for the product grows, the profit is made.
The final goal is the price which is <u>equilibrium</u>, meaning goods are supplied exactly by the demand and with the fixed price that makes the process possible. This equilibrium should also provide the profit for the supplier.
