Answer:
The main driver for the initial accumulation of capital over the 16-18 centuries was the monopoly trading companies. Dutch, French, and British East India companies were created under the auspices of their governments, from which they received practically unlimited powers (carte blanche) for operations in vast spaces.
The management of the companies pitted local rulers among themselves, imposed on them, under various pretexts, favorable contracts for Europeans, and put under own control the economic and social life of the local population. The establishment of a monopoly on the procurement, delivery, and sale of “colonial goods” brought huge profits to companies.
At the end of the 19th century, the role of monopolies in the struggle for sources of raw materials and the growth of capital exports was intensified. Over time, the interests of monopolistic merchant companies and the European states behind them began to clash. The struggle for spheres of influence began, for the colonial redistribution of the world. The arena of numerous colonial wars was represented by all continents.
Explanation:
Answer:
scarcity of labor
Explanation:
Scarcity occurs when the supply of a particular resource does not meet the demand for it. In other words, when needs are larger than resources
In this case, we can see that the company needs more workers than it has, effectively suffering from scarcity of labor.
Scarcity is a common ocurrence for every resource, including for the factors of production, which include labor, capital, and land.
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Peloponnesian war which is An
Chinese soldiers
The Chinese soldiers had dispersed over 300,000 soldiers to North Korea as a result of USA failure to honor the 13th parallel agreement. The USA forces were caught unaware and had to tactically withdraw to south Korea, which resulted in the truce and not removal of the communist regime in North Korea.
