Reference no: EM131005448

Independent farmers in Kenya would grow coffee which they would roast and consume as a much-needed beverage. Show the circuit of production for this way of getting something to drink with breakfast. How is this circuit changed if the farmers exchange some for what they produce for Coca Cola? Show the circuit of production if farmers sell some produce for money which they use to buy Coke. Is there a tendency for farmers like this to increase their production? b. British authorities wanted Africans to produce more coffee for British coffee companies who hire British workers to roast the coffee for sale in cafes throughout the world. They imposed taxes that had to be paid in currency. Show how this changed the circuit of production for Kenyan farmers and the market for British labor. c. British coffee companies used profits from selling Kenyan-grown coffee to buy opium in India to sell in China in exchange for Chinese silk for sale in Britain for money that they use to buy more Kenyan coffee and to hire workers to roast the coffee. Show the circuit of production for the British coffee companies. d. (1 point) Indian opium is addictive and the Chinese authorities ban its sale. What happens to the market for Kenyan coffee and for British labor? If the British persuade the Chinese to allow the sale of addictive opium, use the circuit of production to show the effect on the markets for opium, silk, coffee, and British labor.