The Sugar Act reduced the rate of tax on molasses from six pence to three pence per gallon, while Grenville took measures that the duty be strictly enforced.
Before the USS Maine exploded, the United States was trying to expand as a world power. Thus, many Americans blamed Spain for the explosion of the USS Maine because it gave them a reason to declare war on Spain and take control of Spanish territory in the Pacific and Caribbean.
Communist party leader needed to retreat
Answer:
Benefits:
- Access to a larger market
- Increase in production of goods
Costs:
- Loss of jobs in developed countries
- Depletion of natural resources.
Explanation:
On the one hand, a global market means that a company or firm can potentially reach a larger market to sell its products and services. And in turn, make more profit. On the other hand, it also means that the competition is global and that a firm has to compete in this larger market with hundreds of firms. This often means that to be competitive, companies have to lower their costs. One easy way of doing that is by outsourcing or moving parts of their production process to countries with lower salaries. This leads to the loss of jobs in the home countries.
The increased competition and the larger market also mean that more goods are produced at a better price for the customer. However, this production can easily get out of hand and deplete natural resources.
