Farmers were overproducing therefore it their crops lost their value.
The War of 1812 was actually fought in multiple places including North America, the Pacific Ocean, the Atlantic Ocean, the East Coast of the US, and the Gulf Coast of the US. Hope this helps!!
<span>Many Europeans wanted to explore lives outside of Europe because of contact with non-European civilizations, books such as the travels of John Mandeville, and many people wanted to trade with outside civilizations. Religious zeal was also a motive for exploration</span>
Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
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