The Sugar Act was a measure taken by England against its colonies, prohibiting the consumption of any sugar that had not been produced by the English Empire, which in effect functioned as a settler tax.
The Sugar Act required settlers to pay a tax on any shipment of sugar that was not owned by the British colonies. With this, the autonomy of the colonists began to be threatened.
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Financial system promotes capital market. A dynamic capital market is capable of attracting funds both from domestic and abroad. With more capital, investment will expand and this will speed up the economic development of a country
Simply
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
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Learn vocabulary, terms, and more with flashcards, games, and other study tools. ... A conclusion reached after considering alternatives and their results. ... Is the condition of not being able to have all the goods and services one wants. It exists ... (or the value of that alternative) that must be given up when making a choice.Explanation:
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