Answer:
When oil prices go up, the inverse effect can be seen on the demand as the consumers will do less investment in vehicles (less demand).
Explanation:
Demand and Supply are two inseparable parts of the economy and these two aspects affects each other. Demand is what (quantity of goods and services) which the consumers was to but at a certain point of time and at the certain available price.
The supply and price has negative relationship. When the supply of goods and services increases in the market the price decreases. Supply depends on the price, when supply increases price decreases and vice a versa.
Answer:s airports, factories, and shops slow down or shut down, the novel coronavirus pandemic is testing the international supply chains that define the current era of globalization. And the multi-factory and often multi-country manufacturing processes used by companies around the world are proving more fragile than anticipated.
Explanation:
Answer:
Catalans and Provençals also profited, and, indirectly, so did all of Europe. Moreover, returning Crusaders brought new tastes and increased the demand for spices, Oriental textiles, and other exotic fare. But such demands can also be attributed to changing lifestyles and commercial growth in Europe itself.
Explanation:
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Answer:
Cartography is map making. The definition of cartography is the making of maps or charts. An example of cartography is making an updated map of the world.
Explanation:
<span>Policy of minimum governmental interference in the economic affairs of individuals and society.</span>
