Answer:
All legs of the trip were profitable for European traders and ship owners.
Explanation:
Triangular trade is the name by which the mercantile process of acquisition and sale of slaves by the European powers is described, in exchange for raw materials produced in the American continent.
In the first phase of this trade, ships left Europe for Africa, where they acquired slaves at a very low value, even exchanging them for trinkets. From there, the ships left for the American continent, where they sold the slaves in their own colonies, and acquired raw materials and agricultural and livestock products, which would be transported to Europe in a third phase of the journey.
As can be seen, in all three phases European ships obtained an economic return: first, obtaining slaves at a very low price; then, selling them at a higher price and exchanging them for raw materials; and lastly, moving these raw materials to Europe to convert them into finished products. In other words, in the three phases of this process, the European nations obtained comparative advantages compared to the African nations and the American colonies.
The answer is:
<span>A) Manhattan Project
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Answer:
Oil
Explanation:
When overproduction occurred, it create a situation when the stock of the products far outnumbered the amount of people who are wiling to buy it. As a response, sellers started to reduce the price of the oil in order to make consumers more interested to buy it.
This caused a massive fall in oil price during the 1930s. Before the over production, the cost of oil at that time was around $ 1.88 / Barrel. After the overproduction, it became around 65 cents per barrel .
