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 Production

Respuesta :

Answer:

The answer is C. Supply on demand

Explanation:

Answer:

C) Supply and Demand

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.