The benefit is that OPEC coordinates petroleum policies of its member countries which stabilizes the oil markets. Stable oil markets benefits the world economy. Drawbacks include limitations in actual power in terms of controling member countries and actual prices.
It would be primarily in a "socialist" economic system that the government controls the businesses that affect most citizens, such as railroads and electrical power, since wealth in this system is largely "redistributed" through the federal system.
The journal entry for the Stamp Act of 1765 is:
- The British Government passed the Stamp Act on March 22nd, 1765.
- This was to pay for the British troops stationed during the Seven Years' War.
- The colonists were required to pay a tax, in the form of a stamp.
<h3>What is a Journal?</h3>
This refers to the type of text that contains extensive information about a particular subject or historical period.
Hence, we can see some of the activities in Britain that led the British government to pass the Stamp Act of 1765 in order to fund their troops that were stationed in the colonies during the Seven Years' War.
Read more about Stamp Act of 1765 here:
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The Bill of Rights is apart of the constitution, whereas the democratic party and political parties are not mentioned in the constitution. I would go with political parties since they were developed during the same time as the constitution and is broader than just democrats (the democratic party was founded in the early 1820s.)