Why Was Ghana Celebrated in Baghdad

question 36

Multiple Choice

Why was Ghana celebrated in Baghdad?

• A) It was set in the golden sands of the Sahara, which provided much of the city's building material.
• B) It was the terminus of North Africa's major trade routes.
• C) It was the site of the famous gold mines of King Solomon.
• D) It was the site where the so-called "golden" scholarship originated.

---

Definitions:

Producer Surplus

Producer surplus is the difference between the amount a producer is willing to accept for a good versus the actual market price they receive.

Government Payment

Government Payment refers to transfers of money from the government to individuals or organizations, which can include subsidies, welfare payments, or other forms of fiscal support.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual market price they receive.

Support Price

A price level set by the government or a regulatory body to stabilize the market price of a commodity, often by purchasing the commodity at this price or providing subsidies to producers.