Answer:
Market movements and price fluctuations are influenced by a number of factors, such as economic reports, large institutional block trades and such like. Of all these factors, one that is often underestimated is the impact of commodity prices. Fluctuating commodity prices not only have a significant impact on business, they also impact the trading markets and the overall economy. Generally, the impact of commodity price fluctuations depends on whether that economy is a net importer or net exporter of commodities.
For economies that are net importers, commodity price increases act almost like trade tariffs. This is because it makes the import of raw materials and sources of energy, required for the everyday functioning of different economic sectors, more expensive.
Economies that are net exporters, on the other hand, benefit from increasing prices, since their income increases with the sale of those commodities. At the same time, a steep rise in prices could reduce the demand for commodities and lead to losses.
Explanation:
The encomienda system (in theory) was a feudal-like system where Spaniards would offer protection and education to the native populations in exchange for labor and money/gifts. In reality, the encomienda system was a horrible abuse of power and essentially slavery.
Answer: During bronze age, Ancient people had been using bronze to make tools or weapons necessary for hunting etc. Metals like tin and copper was used to make bronze thus the name bronze age( denoting the period of usage of bronze). Metals were used before and also after bronze age.
Answer:
Lewis and Clark
Explanation:
The Lewis and Clark Expedition began in 1804, when President Thomas Jefferson tasked Meriwether Lewis with exploring lands west of the Mississippi River that comprised the Louisiana Purchase. Lewis chose William Clark as his co-leader for the mission.
