If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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The economic reason for exploration was to get the resources in the area while the religious reasons was due to the spread of the Christian religion.
<h3>What is exploration?</h3>
This is the term that is used to refer to the period that the Europeans came to the Americas and took over the control of the areas and the resources that they had.
There are several reasons for exploration of North America by theses people. Economically, the area had natural resources such as gold. The Europeans were interested in these resources. Also the Europeans were hoping to get more Christian converts as well
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Answer:
- The way they choose their homes were different.
- Their main food sources are different.
Explanation:
- The way they choose their homes were different.
During the stone age, humans were nomadic. In order to fulfill their basic needs they have to engaged in hunting & gathering process to obtain foods and shelter from their environment. If the food in a certain area became too scarce, they will move and settle to another area.
During the agricultural age on the other hand, humans stayed in one place in a long period of time because they can produce their own food source. They're no longer need to hunt to fulfill their basic needs.
- Their main food sources are different.
During the stone age, animals meat and wild fruits were humans' main food source. As we entered the agricultural age, we started to developed food sources that were easy to produced and provide us with high calories. This is when we slowly transitioned into mostly consuming crops such as Potatoes, rice, and corn.
Louis XIV, known as Louis the Great <span>or the Sun </span><span>King.</span>
