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What condition lead to a surplus?
A surplus is the extra quantity of items that exceeds the current need. Such a condition arises when the supplied quantity is more than what the market demands.
What conditions create a surplus?
Oversupply or over-purchase.
When does surplus occur in balance of trade?
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
When can a surplus of any given commodity be expected?
A surplus of a given commodity can be expected when the supply exceeds the demand at a certain price level. This typically occurs when producers increase production in response to higher prices, or when consumer demand decreases due to changes in preferences, income, or external factors. Additionally, external factors such as technological advancements or favorable weather conditions can also lead to an increase in supply, contributing to a surplus.
How can country with a current account surplus live beyond its means?
A country with a current account surplus can live beyond its means by borrowing against its surplus, allowing it to finance consumption and investment that exceed its income. This can occur through the issuance of bonds or taking on foreign loans, leading to increased domestic spending. Additionally, if the surplus is reinvested abroad, the country can stimulate growth at home while relying on external funding. However, this approach can lead to vulnerabilities if the borrowing becomes unsustainable or if external conditions change.
What condition lead to a surplus?
A surplus is the extra quantity of items that exceeds the current need. Such a condition arises when the supplied quantity is more than what the market demands.
How did surplus lead to trade?
Surplus are basically excess products which may of course lead to trade. After all, these excess products may lead to excess profit as well
What does surplus food lead to?
social divisions
What are the conditions under which surplus moisture may exist?
Surplus moisture may exist in soil when there is excessive rainfall or irrigation, poor drainage, compacted soil that inhibits water infiltration, or if the water table is too high. These conditions can lead to waterlogging, reduced oxygen levels in the soil, and increased susceptibility to root diseases in plants.
What are the conditions under which surplus may exist?
The wet and cold weather conditions.
What did surplus food lead to during the Stone Age?
the surplus food lead to less roaming to hunt and gather, and less fighting
What conditions create a surplus?
Oversupply or over-purchase.
Slash-and-burn agriculture can lead to?
surplus crawl
How did irrigation lead to food surplus?
It didn't, food surplus led to irrigation, division of labor, writing, trade
When does surplus occur in balance of trade?
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
What effect did a surplus of food have on life in Sumer?
It lead to division of labor
How did a surplus of food lead to specilization?
A surplus of food allowed people to specialize in different jobs.
