Answer:
Oil
Explanation:
When overproduction occurred, it create a situation when the stock of the products far outnumbered the amount of people who are wiling to buy it. As a response, sellers started to reduce the price of the oil in order to make consumers more interested to buy it.
This caused a massive fall in oil price during the 1930s. Before the over production, the cost of oil at that time was around $ 1.88 / Barrel. After the overproduction, it became around 65 cents per barrel .
The factors that encouraged commercial growth in the post classical era include the following: new state practices, new trading organisations and new state sponsored commercial infrastructures. The post classical era refers to the period which immediately followed the ancient history and precede modern history.
Yes, at least, the colonists considered it so. It made it very difficult and expensive for all colonists to get goods.
Because of the geographical position (India is between China<span> and </span>West Asia<span> and Europe) India always was icluded and made money from trade. </span><span>
India traded cotton, silks, dyes, drugs, gold, ivory, often earning great fortunes. From Middle East & Roman Empire, they brought back pottery, wine, metals, some slaves, and especially gold;
</span>Indian traders were selling West Asian glass<span> and </span>wool<span> to people in China, and Chinese things like </span>silk<span> and </span>pottery<span> to people in West Asia.</span>
Answer: life liberty and property. Thomas Jefferson later wrote it as life liberty and the pursuit of happiness