India was one of the most treasured British colonies.
it was;
<span>as both a market and a source of raw materials
</span>
<span>as the "Brightest Jewel" in the crown of its empire
</span>
<span>as a market and testing ground for new economic principals</span>
<span>It made the Russian peasants even less satisfied with the Tsar, who they now felt was causing them to starve, freeze, and hear disappointing news about the invariable incompetence of their army. For some reason, a few decades later, they celebrated the Red Army in WWII, which consisted mostly of dead people.</span>
Consumers would have a tendency to become more influential in price changes than consumers in a perfectly competitive market. In addition, a perfectly competitive market is usually characterised by having similar products being sold by different firms and consumers have more access to product information.
