This is called a monopoly and when one person or company controls everything they can set price without competition and therefore they can take advantage of consumers because The consumer has no other options to buy from anyone else so they have to pay whatever price the monopoly sets. Hope this helps good luck brainliest would be appreciated...
Even though there are no answer choices, here is some information that can help!
- Capitalism is an economic system based on the following principles:
1) Little government interference in the economy- Capitalists belief that competition among businesses will help to keep prices low and will prevent them from acting illegally.
2) Individual freedom- In a capitalist system, individuals can spend their money on whatever they like.
3) Supply and demand- The amount of resources created by businesses is driven by the consumer. If there are products that people buy an extraordinary amount of, businesses will continue to produce it at a high rate. The opposite is true as well.
The correct answer is A) <span>Military conquests by the Arab Empire and traders of Islamic faith were the primary means for spreading Islam to Africa, Europe, and Asia.
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Columbus' explorations of the New World led to the spreading of diseases to the Americas which killed thousands of Native Americans, his efforts led to the enslavement and oppression of Native Americans through colonization, and ultimately led to the subjugation of the Native American peoples to European powers for centuries to come.
During the first twenty years of the twentieth century china went trough political turmoil as seen by the people of the Republic of China, themselves. It also seen by other nations the way its economy and international relations are concerned. But nevertheless, China was still able to manage their economy and being one of the big nations.
