The term that refers to the massive fraud perpetrated by several Georgia governors and the state legislature from 1795 to 1803 by selling large tracts of land to insiders at absurdly low prices is known as the Yazoo Land Act. They sold over 35 million acres of land for a ridiculously low 2 cents per acre to companies who then resold the land to make a large profit.
<span>Christian unity ended in western Europe.</span>
<span>It was seen by the British as their most immediately successful colony due to a rich economy based on tobacco.
Jamestown survived despite a rough start with starvation. The introduction of tobacco by John Rolfe to Jamestown helped the colony to become a success creating a cash crop for the European market. This colony would be the first of many to make money for the British Empire.</span>
Answer:
A king (or lord) ruled large areas of land. To protect his land from invasion, the king gave parts of it to local lords, who were called vassals. In return, his vassals promised to fight to defend the king's land. Can I have a heart and a Big Brian?
Explanation:
Answer: Comparative Advantage
Explanation:
...the former producer has COMPARATIVE ADVANTAGE for producing the good.
Comparative Advantage is a theory opined by David Ricardo that aims to analyze what a country should produce to harness their resources efficiently.
The theory is simple, a country must focus on producing that good which it has a lower Opportunity Cost in producing. This theory has been applied to businesses as well because if businesses were to sell goods they had an opportunity cost advantage producing, they would sell at cheaper prices.
