Identify and State the Historical Significance of the Following

question 158

Short Answer

Identify and state the historical significance of the following:
-Palestine Liberation Organization

---

Definitions:

Products Produced

The goods and services created as a result of the production process by an individual, company, or economy.

Changes

Variations, adjustments, or transformations in conditions, situations, or states over time.

Perfectly Elastic

Describes a situation in economics where the quantity demanded or supplied responds infinitely to changes in price.

Down-sloping

A characteristic of certain economic graphs, like demand curves, which indicates that as the price of an item goes down, demand for it increases.