Questions

But while the average Mughal farmer produced more than in later times, he most probably produced less than in earlier times. On the whole, the Mughal period was marked by agricultural stagnation, if not slump. The per capita yield was declining, and the average man in Mughal India probably had less to eat than before. 'The surplus income left to the peasant was tending to decrease, where it had not already vanished,' says Moreland. 'The provinces,' says Pelsaert, 'are so impoverished that a jagir which is reckoned to be worth 50,000 rupees, may sometimes not yield even 25,000, although so much is wrung from the peasants, that even dry bread is scarcely left to fill their stomachs.'

The Mayans were an ancient civilization located in what is known as Mesoamerica, a geographical region comprised of Mexico and parts of Central America. They were extremely adept in matters of mathematics, astronomy, and art, and architecture.

The Mayan pyramids and temples were built with bricks and covered with limestone.

Before the shots were fired at Lexington and Concord, the colonies made an attempt to settle the concerns and frustrations raised with the Intolerable Acts through debate and discussion. Thus, the First Continental Congress was called to order on September 5th, 1774.

The First Continental Congress was a meeting of delegates from twelve of the Thirteen Colonies early in the American Revolution. It was called in response to the Intolerable Acts passed by the British Parliament, which the British referred to as the Coercive Acts, with which the British intended to punish Massachusetts for the Boston Tea Party.

A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.

A binding price ceiling is one that is set below equilibrium price.