Answer:
Explanation:
Example
Let us take this slowly by considering a bicycle. You are given 1 bicycle and you wish to sell it. 4 people are interested and think your price is fair.
so the supply is 1 bicycle
and the demand is 4 people
If those people are want the bicycle equally, what do you think could happen to the price of the bicycle? Shouldn't it go up? Especially if they are all willing to make side deals.
Supply: 1 bicycle
Demand: 4 people
Price goes up.
Now go back.
Suppose you have 10 bicycles and only 8 people are bidding on them. They are not really that interested. So you have to lower the price until someone bites.
Supply: 10 bicycles
Demand: 8 people.
Price goes down. The supply exceeds the demand.
Answer:
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s.
Explanation:
The Muscovite ruler was recognized as an emperor by Maximilian I, the emperor of the Holy Roman Empire in 1514. However, the first Russian ruler to be formally crowned as "tsar of all Russia" was Ivan IV<span>, until then known as </span>Grand Prince<span> of all Russia (1547)</span>
The Nazis thought that their country wasn't "great" because of the Jews so they decided to go with Hitlers final solution plan that puts Jews in a gas room and they gas them out to make their "country great"
The answer is Emperor Hulagu. He sent wanted the Caliph (Al-Musta'sim) to demanded him to surrender the Capital. He promised to continue a governance and security to the land. However, Caliph (Al-Musta'sim), did not agree to Hulagu's terms and demands. T<span>he Caliph (Al Musta'sim) refused despite the weak military condition of his territory. Hulago made an embargo on Baghdad and soon entered the city and killed Abbasi caliph (Al-Musta'sim ).</span>
