1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.
3) goods brought on by fads
4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
5) consumers are able to pay more so they can buy a product when rationing makes it unavailable
-Tensions between the communist Soviet Union and the capitalist United States date back to the Bolshevik revolution in 1917 and continued through the interwar period
- president Truman adopting an explicit attitude of anti-soviet policy with this Truman plan
In 1917, Germany, determined to win its war of attrition against the Allies, announced the resumption of unrestricted warfare in war-zone waters. Three days later, the United States broke diplomatic relations with Germany, and just hours after that the American liner Housatonic was sunk by a German U-boat.
Totalitarianism! This is essentially a dictatorship in which the power of the government (typically a single person and a few trusted advisors) have absolute power over the people.
Answer:
He thought they were very green and did not have many supplies. His troops were poorly trained and lacked food, ammunition and other supplies
Explanation:
