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Fudgin [204]
3 years ago
15

When production is vey high but demand is very low, it can lead to

History
1 answer:
MakcuM [25]3 years ago
5 0

Answer:

B. recession

hope this helps !

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Why did British colonists oppose the Wool Act of 1699 and the Iron Act of 1750? They protected the home country’s economy at the
ivanzaharov [21]

Answer:

<u><em>They protected the home country’s economy at the colonists’ expense</em></u>.

Explanation:

Interestingly this colonist where affected after the Wool Act because it resulted in higher value of British clothes as a result of export ban of foreign wool.

The Iron Act which was meant to increase local iron production was opposed because they were resulting in losses for the growing iron and steel companies.

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