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Describe How Colonization by Early Empires Was an Indirect Consequence

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Essay

Describe how colonization by early empires was an indirect consequence of the law of diminishing returns.


Definitions:

Manufacture Prototypes

The process of creating early models or samples of a product to test its functionality, design, and feasibility.

Chinese Factories

Manufacturing facilities located in China, often noted for their high production capacity and cost-effectiveness.

Low Costs

Refers to strategies or measures implemented to reduce expenses and financial outlays in order to achieve better efficiency or increase profitability.

Crowdfunding

The act of financing a venture or project by collecting small amounts of money from numerous people, often through an online platform.

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