richard Arkwright invented the water frame. James Hargreaves invented the spinning jenny. Both inventions were used in the textile industry during the industrial revolution in England.
The correct answer to this open question is the following.
What were the most important effects of the American Revolution?
The most important effect of the Revolutionary War of Independence was precise that the 13 colonies won the war and in doing so, the colonies became independent from the British government. A new nation had born: the United States of America.
In looking at the things that did and didn't change after the American Revolution, what does that tell us about the Founding Fathers' reasons for declaring independence, and their vision for the new United States?
The founding fathers were right. They had the vision to draft the Declaration of Independence because they knew Americans were capable to establish a new form of government that really served the interests of the American people, not the English crown.
That is what the founding fathers had in mind when Thomas Jefferson drafted the Declaration of Independence with the help of other prominent founding fathers such as Benjamin Franklin, River Livingstone, Roger Sherman, and John Adams.
Ans: Criticisms of Keynesian Economics
Borrowing causes higher interest rates and financial crowding out. Keynesian economics advocated increasing a budget deficit in a recession. However, it is argued this causes crowding out. For a government to borrow m
