In 1784, the British Parliament passed Prime Minister William Pitt's “India Act,” which formally included the British government in ruling over the East India Company's land holdings in India.
The British presence in India began through trade. Men like Robert Clive of the British East India Company combined military prowess with a ruthless ambition and became fabulously wealthy. With wealth came power, and traders took control of huge swathes of India.
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In an effort to preserve the balance of power in Congress between slave and free states, the Missouri Compromise was passed in 1820 admitting Missouri as a slave state and Maine as a free state.
President Abraham Lincoln's plan did not guarantee African American equality.
The Wade-Davis Bill passed by the Radical Republicans demanded guarantees of African American equality. Lincoln killed this bill with a "pocket veto."
http://www.answers.com/Q/How_did_Lincoln's_plan_for_reconstruction_differ_from_the_wade_Davis_bill
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Why Natural Monopolies Are Allowed
Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor, and at a volume that can service an entire market.
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