Surplus goods refers to the profit made in an economy, these goods could be any number of things eg money, resources .... Surplus goods are the result of an efficient economy usually one that is a free market economy
Hey use your brain if you have surplus goods then find someone who is willing to trade. Not exactly the smartest question you can ask.
When a country exports more goods then it imports
The more surplus money people have, the more money they have to buy goods - not just the staple goods, but more luxurious goods.
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
A surplus of goods occur
The Minoans made their surplus of goods through trade.
Hey use your brain if you have surplus goods then find someone who is willing to trade. Not exactly the smartest question you can ask.
Certainly not.
to sell America's surplus of goods
So that they could swap goods they had in surplus for goods they needed from elsewhere.
When a country exports more goods then it imports
they would barter it for other goods
producer surplus
The more surplus money people have, the more money they have to buy goods - not just the staple goods, but more luxurious goods.
They exchanged their surplus for money or for goods.
Crops were needed as a surplus
Surplus means there is more goods available than in demand.