Most landforms change very slowly over many, many years. New mountains have formed as the plates of Earth's crust slowly collided, and others have been worn away by weathering and erosion. ... Floods and landslides can change landforms in a matter of seconds. Volcanic eruptions can also change landforms quickly.
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In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. For example, in the standard text perfect competition, equilibrium occurs at the point at which quantity demanded and quantity supplied are equal.[1] Market equilibrium in this case is a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. This price is often called the competitive price or market clearing price and will tend not to change unless demand or supply changes, and quantity is called the "competitive quantity" or market clearing quantity. But the concept of equilibrium in economics also applies to imperfectly competitive markets, where it takes the form of a Nash equilibrium.
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it was easier for Europeans to cross the Atlantic than for Chinese to cross the Pacific. Secondly, Europeans were motivated by the desire to access China's legendary wealth whereas Chinese had no such incentive for exploration. However, both these reasons are debatable.
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With industrialization came more jobs, urban renewal, better sanitation, and entertainment, but it also created slum conditions and higher crime rates.
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<span>When William the Conqueror became King of England in 1066 he introduced a new kind of feudal system into Britain. William confiscated the land in England from the Saxon lords and allocated it to members of his own family and the Norman lords who had helped him conquer the country.</span>
