This statement is true. He was a single child and was sickly most of his childhood and he learned to read only when he was eight, which was odd considering that he was already writing stories at the time, that is, he didn't write them himself but rather dictated stories to his Mother or his Nurse who would write it down for him before he learned to do it himself.
I think one negative consequence was that a lot of people were out of work and they were homeless
Other person i believe is right
I believe the answer is: its supply or demand is not sensitive to price changes
A goods would fall under inelastic category if that product is considered as basic/primary needs for most consumers.
Example of such goods is food and water. No matter how much the price of food and water rises, the demand for this goods would stay relatively stagnant because people have to use them to survive.
Jamestown: John Smith was elected leader in 1608. Mass Bay Colony: Mayflower compact in 1620. Jamestown: Had fertile soil/ good fro plantation. Mass Bay Colony: Colonists who lived near the coast would fish or build ships, colonists who lived inland would farm.
