Western European nations maintained democratic political systems.
When a product is elastic, a change in price quickly results in a change in the quantity demanded. When a good is inelastic, there is little change in the quantity of demand even with the change of the good's price. ... If the market price goes up, firms are likely to increase the number of goods they are willing to sell.
Debido a su gran tamaño y sus características geográficas, en algunas culturas, América se divide tradicionalmente en América del Norte, América Central, y América del Sur. Algunos geógrafos consideran a América Central como una subregión dentro de América del Norte
