Answer: The benefits to Europe form the eighteenth-century trade pattern includes supplies like whale oil, fur, iron. lumber, ginger, silk, rice, indigo, tobacco, sugar, molasses, fruit, meat, fish, rum, and grain. Also they made money exporting manufactured goods to North America.
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The 14th Amendment to the U.S. Constitution, ratified in 1868, granted citizenship to all persons born or naturalized in the United States—including former slaves—and guaranteed all citizens “equal protection of the laws.” One of three amendments passed during the Reconstruction era to abolish slavery
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Smith is known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2 According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.
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low production cost with high profit
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