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iogann1982 [59]
3 years ago
10

Why do competitive markets move toward equilibrium?

Social Studies
1 answer:
Marrrta [24]3 years ago
3 0

Answer:

the process by which markets move to equilibrium is so predictable that economists sometimes refer to markets as being governed by the law of supply and demand.

Explanation:

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Slave laws in the southern colonies in the 1600s "b. defined an enslaved person as someone who could be bought and sold" This rule was set in place to fight against some owners who attempted to set their slaves free prematurely.

Explanation:

Slave laws in the southern colonies in the 1600s defined an enslaved person as someone who could be bought and sold.

Southern laws in America were so harsh on slaves. Let's have in mind that the southern economy depended so much on slaves. That is why southern people were against abolitionism. Slaves had to work long hours in the large southern plantations to produce the kind of crops needed for trade and to export to Europe. Slaves in the south lived difficult lives and were not considered to be persons, but property.

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2 years ago
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