What Kinds of Goods Were Imported into and Exported Out

question 72

Essay

What kinds of goods were imported into and exported out of the East African city-states? What is the significance of this trade?

Identify and describe the main components and rights of the private enterprise system.

Recognize the role of profits as a primary incentive for business ownership and expansion.

Distinguish between not-for-profit and for-profit organizations and their roles in the economy.

Explain the key concepts in capitalism according to Adam Smith, including the invisible hand and competition.

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Definitions:

Assigned At Birth

A term typically referring to the gender designation given to an individual at birth, based on physical anatomy.

Sexual Intercourse

A physical activity involving the sexual organs that can result in reproduction and/or provide sexual pleasure.

Men And Women

Refers to the two primary categories of gender identity traditionally recognized in many societies, each associated with certain physiological and societal roles.

Once A Week

A frequency term indicating that an event or activity occurs every seven days.