Answer:
Ancient India in Indus valley
The neolothic era was characterized mostly because this was the first time in human history when people started to grow crops and not rely only on a hunter-gatherer type of organization of communities.
Imagine that Ireland develops and produces wool more effectively than any other nation, giving it a monopoly over the sector. Ireland has an Absolute advantage in this instance.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
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