Short Answer
Identify the customary eighteenth-century shipping routes for the following cargoes by reference number on the map.
Eighteenth Century Colonial Trading Patterns and Shipping Routes
-____ Slaves
Definitions:
Competitive Market
A market structure characterized by a large number of sellers and buyers where no single party can influence the price.
Market Price
The present value at which a service or asset is available for purchase or sale within a specific market.
Market Demand
The total quantity of a good or service that consumers in a market are willing and able to purchase at different prices.
Competitive Market
A market structure characterized by a large number of buyers and sellers, where no single entity has a significant impact on the market prices.
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