Answer:
Scarcity as an economic concept "... refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good ... ."[1] If the conditions of scarcity didn't exist and an "infinite amount of every good could be produced or human wants fully satisfied ... there would be no economic goods, i.e. goods that are relatively scarce...
Christopher died May 20, 1506
Answer:
Explanation:
MY MOM! Jk. Amerigo Vespucci.
The First and Second Opium wars were two conflicts that took place in the 19th century between the British Empire and China regarding the control of the opium trade.
<u>UK used smuggling techniques</u>, in order to introduce illegaly large quantities of opium in China. In fact, UK ended up becoming the major supplier in Chinese territories through these techniques. These conflicts weakened the Qing's dinasty that had to direct their trade to different territories after the confrontation.