Conventional price elasticity of demand is a simplistic and elementary formula that has mathematical and economic deficiencies when applied to price (rates) and demand (balances) of deposit products: It does not recognize inverse relations between price and demand.
At its peak in 1300, the Mali Empire covered an area about twice the size of modern-day France and stretched to the west coast of Africa. In the late 19th century, during the Scramble for Africa, France seized control of Mali, making it a part of French Sudan.
Southern Arabia, and most of Africa, India, and Southeast Asia lie between the tropics of Capricorn and Cancer. New empires such as, Mali and the Delhi Sultanate were consolidated under the Islamic faith and cultures.oth Mali and the Delhi Sultanate lied in the tropical zone of Africa and Asia. Lacking the hot and cold seasons of temperate lands, the two empires have their own cycle of rainy and dry season caused by the monsoons. They were the largest and richest tropical states.