The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
Answer:
:Cassava gave indigenous people a cheap, easy way to feed themselves while resisting colonial systems of forced labor. Colonizers tried to brand cassava and corn as "lazy" crops for natives who wanted to avoid work—but these crops helped them resist empire.
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It is a response for their acts of pillaging the Pacific Islands and parts of Asia.
During 1200-1450, Mali, a big empire in west Africa flourished. Timbuktu, a city in this empire had a huge library with tens of thousands of books. This library provided their empire a lot of wealth. During 1400-1750, during the Atlantic slave trade, millions of African people, mostly men and some women, were transported to South America via the Atlantic Ocean. The rulers of West Africa negotiated with European rulers to send off their Africans. In exchange, the Europeans gave them silver which boosted the wealth in their economy.
