Bandits were a common threat along the Silk Road. The bandits learned that not only silk was being traveled through those roads, but also gold, precious stones, glass, and other materials from China.
Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
Answer:
tropical rain forest, although your answer choices are hard to understand.
Answer:
1. They needed a fair way to trade with other regions.
2. They used to trade with goods but that way of bartering became very confusing, so they created a currency to simplify this.
3. This use of currency could save time and energy for citizens who used to have to lug around heavy carts full of livestock or luggage.
4. The Ancient Phoenicians culture was based around the bartering and trade system. While this was fine for the time being the Phoenicians soon had a need for a modernized value. This is where the coin was brought into play which created a needed symbol of hard work and time spent.
Explanation:
Hope this helped you out and good luck with your studies! :)
