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Continue Learning about General History

What is it called when you make profit off of goods that are in short supply?

In modern times, virtually nothing has been in short supply, but during World War II and for a few years afterwards, lots of goods were rationed and in short supply. People who were involved in the illegal supply of these goods were known as 'spivs' and the trade was known as the 'black market' and they were 'profiteering'.


What were the key factors that allowed ancient Athens and Rome to reach their height of power and influence in the ancient world?

The key factors that allowed ancient Athens and Rome to reach their height of power and influence in the ancient world were strong military prowess, strategic geographical locations, effective governance systems, advanced infrastructure, and cultural achievements such as art, literature, and philosophy.


What were the key factors that led to the rivalry between the Triple Alliance and the Triple Entente during World War I?

The key factors that led to the rivalry between the Triple Alliance (Germany, Austria-Hungary, Italy) and the Triple Entente (France, Russia, Britain) during World War I were militarism, alliances, imperialism, and nationalism. These factors fueled competition for power, territory, and influence in Europe, ultimately leading to the outbreak of the war in 1914.


How was Isabella d'Este an influence on our world today?

by influencing our world in the society


In the late-nineteenth- and early-twentieth century what has the world become?

an international market

Related Questions

What are the factors that influence sexual opinion?

Your values and how you see the world influence your sexual opinion.


How do you determine the value of a cryptocurrency?

The value of a cryptocurrency is determined by factors such as supply and demand, market sentiment, utility and adoption, technology and security, and regulatory developments. Investors and traders analyze these factors to assess the potential value of a cryptocurrency.


What are the factors that influence market demand on personal computers?

the factors are the toys of the economic market. the toys are the balls and nuggets which belong to the subsidiary goods that inform the sellers and buyers in buying mixed economies goods. when this happens the world becomes larger and the stars become smaller and you can only see them using microscopic lenses. thanks and hope i have helped you.


What country had the biggest influence in World War 2?

Baja California actually had the biggest influence because their market went way down during the war


How is gold price per gram determined?

Gold price per gram is determined by the weight of the gold and the current exchange rate. For example, if the current exchange rate is 100 dollars per gram, then one gram of gold would be 100 dollars.


What impacts did Dante have on the world?

His major influence was writing in colloquial Italian. This gave him a very broad market to sell to.


What factors influence the worlds climate regions?

Factors that influence the world's climate regions include latitude, proximity to large bodies of water (oceans or seas), mountain ranges, ocean currents, and prevailing wind patterns. These factors contribute to variations in temperature, precipitation, and overall weather patterns across different regions of the world.


How does a change in one part of the water supply system influence a changfe in other parts of the world?

Honors Science, 8th grade?


What is a real-world scenario where the concept of supply and demand plays a crucial role in determining the price of a product?

One real-world scenario where supply and demand determine the price of a product is the housing market. When there is high demand for houses but a limited supply of available homes, the prices of houses tend to increase. Conversely, when there is an oversupply of houses and low demand, prices may decrease. This dynamic interaction between supply and demand influences the pricing of houses in the market.


What are some real world scenarios where the concept of supply and demand plays a crucial role in determining prices?

Supply and demand play a crucial role in determining prices in various real-world scenarios, such as the housing market, the stock market, and the pricing of goods and services. For example, when there is high demand for houses but limited supply, prices tend to increase. In the stock market, the price of a stock is influenced by the balance between supply and demand from investors. In the pricing of goods and services, businesses adjust prices based on consumer demand and the availability of the product.


What are two important factors account for Saudi Arabia's influence in world affairs today?

Oil and religion (Islam)


How is supply and demand move the currency market?

To determine where a particular country's economy may be headed next, trades turn to a variety of data, including: gross domestic product (GDP), import, exports,employment, unemplyment,growth, debt, and many other factors. Collectively, these are often reffered to us the fundamentals. Like any other market, the value of currencies responds to changes in supply and demand. When the world needs more dollars are available on the market, or the need of them declines for some reason, then the dollar drops in value.