Industrialism had widened the technological gap between Africa and the West and industrialism led for a greater need for a secure and steady supply of raw materials, which Africa had in abundance, and for an increased desire for markets for the abundance of goods supplied.
I believe the answer is "b", sorry if i am incorrect.
Hi there
The formula is
A=p (1+rt)
We need to solve for t
T=[(A/p)-1]÷r
Where
A future value 2200
P present value 1000
R interest rate 0.08
T time?
So
T=((2,200÷1,000)−1)÷0.08
T=15 years
Another time like this question you should post in at mathematics subject
Hope it helps
Answer:
The economic concept of scarcity.
Explanation:
In economics, <em>scarcity</em><em> </em>represents the phenomenon of <em>limitless</em> <em>wants</em> suppressed by <em>limited</em><em> </em><em>resources</em>.
In this case, Allie feels she needs $90 shoes while she has not got the resources required to buy them.
This typical economic problem can be solved by moderating one's wants and clearly identifying what is priority from what is not, then intelligently making decisions on what available resources should be spent.
