Increased competition between produces of a good may lead to positive effects for the consumer.
When businesses are competiting against each other, it often results in the creation of lower prices for consumers. For example, if Company A charges $500 for a cell phone and Company B charges $350 for an extremely similar phone, many people will buy their phone from Company B. In order to compete, Company A must drop their prices.
This competition over consumers benefits the customers, as they get lower prices in comparison to a market where one company has a monopoly.
How do currents affect navigation?
Ocean surface currents have played an important role in navigation from ancient times, through the exploration of the world by sail to present day shipping. Today, most ships are propeller
But in 1500
Without navigation, we would — very literally — be lost at sea. Navigation made it possible for early civilizations to explore new lands, establish trade routes and eventually connect with people on the other side of the world. Navigation allowed fishermen to find their way home and trade vessels to sail safely to foreign ports. Today, navigation enables a global economy by guiding ships, airplanes and trucks around the world using accurate and reliable navigation technology.
Marine navigation has come a long way from navigating with stars to tracking the position of ships with satellites. Let’s dive into the intriguing history of navigation, examine the timeline and explore the marine navigation tools that brought us to where we are today
Similarity: Involved employing supporters to office
Henry Clay supported John Quincy Adams during the 1824 election; in return, John Quincy Adams made Henry Clay Secretary of State after defeating Andrew Jackson for the presidency.
During his presidency, Andrew Jackson gave office jobs exclusively to his democratic supporters.
Difference: Not much difference, but the Corrupt Bargain happened during and after an election while the spoils system was developed during Jackson's presidency.
Answer:
It consisted of heritable property or rights granted by an overlord to a vassal who held it in fealty (or "in fee") in return for a form of feudal allegiance and service, usually given by the personal ceremonies of homage and fealty.
