Answer:
Born in Wesel circa 1580, Peter Minuit joined the Dutch West Indian Company in the 1620s. Named director of the New Netherland colony in 1626, he is said to have negotiated a deal for the island of Manhattan with a Native American tribe and helped develop a profitable fur trade in the region.
Answer:
The property was granted to George Washington's great-grandfather, John Washington, by King Charles II of England.
The estate was named after British Admiral Edward Vernon.
The Mount Vernon Ladies' Association bought the estate from George Washington's great-grandnephew in 1858.
Answer
Hi,
If the opportunity cost of producing a particular good is lower for one producer than another, the former producer has comparative advantage for producing the good.
Explanation
A comparative advantage occurs when a producer is able to produce goods by using fewer resources at a lower opportunity cost. Increasing the production of one good will mean that less goods for another can be produced. This theory is advantageous in free trade because a producer can be able to realize higher output gains by selling goods in which he or she enjoys comparative advantage.
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<span>Vespucci realized the land he was exploring was a separate continent and not part of Asia, as he and many others believed at the time. The continents of North and South America are named after him.</span>
