B.
The colony of New Netherland was established by the Dutch West India Company in 1624 and grew to encompass all of present-day New York City and parts of Long Island, Connecticut and New Jersey. A successful Dutch settlement in the colony grew up on the southern tip of Manhattan Island and was christened New Amsterdam.
<span>A static economy must make sacrifices
in order to get their desired outcome for their economy because having scarce
resources prohibits an economy to have more of everything. </span>
<span>To achieve goals as
such, an economy must make investments which involve risks and sacrifices. </span>
<span>When
the economy grows to be dynamic, only then can it have larger quantities of
everything with minimal risks and sacrifices involved.</span>
