What basic economic concept does European exploration and colonization of many areas of the world represent? A) Money Supply B) Barter System C) Supply and Demand D) Agriculture…

Question

asked Feb 20, 2021 221k views

2 Answers

James Wood · Answer 1 · 2021-02-21T06:30:58+0000

Answer:

C) Supply and Demand

Step-by-step explanation:

European exploration and colonization represent the basic economic concept of supply and demand. Europeans needed a supply of raw

materials and new markets to demand European finished goods.