Why did James Oglethorpe want to establish this new colony? What were the principal factors for doing so?

Oglethorpe wanted it to be different from the rest of the English colonies in America. He didn't want the colony to be dominated by large wealthy plantation owners who owned hundreds of slaves. He envisioned a colony that would be settled by debtors and the unemployed. They would own and work small farms.

Born: December 22, 1696, Surrey

Died: June 30, 1785

Explanation:

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disequilibrium means that either supply is greater than the demand for an available good, or that the demand for a product outstrips the available supply. it implies that the price for a is either too low creating large demand, or too high creating a large surplus of supply.