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In 1258, the Mongols Forced the Koryo King to Submit

question 15

Essay

In 1258, the Mongols forced the Koryo king to submit to them. What changes occurred in Korea from this unification?


Definitions:

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price in a given time period.

Surplus

A situation in which the quantity of a good or service supplied exceeds the quantity demanded, often leading to a price reduction.

Shortage

A situation in which the demand for a product exceeds the supply available at a specific price.

Lemonade Market

A hypothetical or real market scenario used to illustrate the principles of supply and demand, usually involving the sale of lemonade.

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