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Surpluses develop when the supply of a product or service exceeds its demand. This can occur due to factors such as overproduction, decreased consumer interest, or changes in market conditions. Additionally, seasonal variations and economic shifts can lead to temporary surpluses. When surpluses occur, they often result in price reductions to encourage consumption and restore equilibrium in the market.
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Why are for surpluses necessary for civilization to develop?
no
What conditions allowed early civilizations to develop food surpluses through farming?
the rivers
What did the surpluses allow Egyptians and mesopotamia?
It allowed them to specialize and develop new trades and disciplines.
What conditions allowed early Mesopotamian civilization develop food surpluses through farming?
the rivers
What condition allowed early mesopotamian civilization to develop food surpluses through farming?
the rivers
How did increases in surpluses help American Indian economies develop?
It helped by evolving into currencies and the present day marketing
How did early villagers develop food surpluses?
By ralding nearby villages for extra food
What happenend after people began to settle down?
They began to produce surpluses which provided the ability to develop civilisations.
Why are food surpluses necessary for civilization to develop?
Without a surplus, life was just a struggle for survival. A surplus could subsidise and sustain building and culture.
What did the government do to help eliminate the crop and product surpluses?
Paid farmers to destroy surpluses.
How does the price system respond to surpluses and shortages?
How does the price system respond to surpluses and shortages? In: Economics [Edit categories]
What did surpluses create?
A growth in population
