Answer:
When a nation can produce a good or service more efficiently than any other nation.
Explanation:
Absolute advantage is the ability to produce a greater quantity of a good or service more efficiently. This translates into a better use of inputs per unit of time, or with a lesser quantity of inputs than another producer (country, company)
Answer:
A. People believed that African Americans were not equal to White people.
Explanation:
<span>Gained freedom, became wealthy land owners in LA due to the fact most Californians opposed slavery</span>
Ideas on the appropriate limits of the monarch's power changed in the 17th century to a small extent.
<h3>What were ideas of a monarch's power in the 17th century?</h3>
In the 17th century, Europe had very powerful monarchs who basically ruled by decree. They limits to their power was debated but not much was done to limit it.
This wasn't the case in England however because the powers of a monarch was limited thanks to a Civil War and then the Glorious Revolution. The limits can therefore be said to have changed to a small extent.
Find out more on the power of monarchs at brainly.com/question/142097
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Answer:
to assume an excessive amount of business risk in speculating on something (such as stocks) overspeculated in real estate … this is exactly the sort of imbalance that brings on big crashes.
Explanation: