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Explain the meaning of a favorable production-volume variance.
Columbian Exchange
The widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas and the Old World following Columbus's voyages.
Negative Consequences
Unfavorable, harmful, or detrimental outcomes resulting from an action or decision.
Slave Trade
The historical trade of enslaved people, primarily from Africa to the Americas, conducted from the 16th to the 19th centuries, which had profound economic, social, and demographic impacts.
Treaty of Tordesillas
An agreement between Portugal and Spain, concluded in 1494, that divided the newly discovered lands outside Europe between them along a meridian 370 leagues west of the Cape Verde islands.
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