Answer:
c. A Captive Market
Explanation:
A captive market can be defined as a type of market in which the consumers or potential customers are only able to buy (purchase) what is made available to them due to the limited number of competitive suppliers (wholesalers or suppliers) in the market.
This ultimately implies that, in a captive market, the choice of the consumers is very limited and as such they can only buy goods or services that are made available by the supplier. Therefore, a captive market is characterized by oligopoly or monopoly and as a result of this, the price of goods and services are generally higher with minimal choice for the consumers.
Hence, the economic relationship the American Colonies had with England is known as a captive market.
In the 16th century, the American Colonies was typically a captive market for Great Britain as a raw materials such as lumber, rice, fish, or tobacco in exchange for sugar and slaves.
This is not aloud Sir please do not ask qustions From K12 That is not aloud
Answer:
The difference between the Articles of Confederation and Constitution is that the Articles of Confederation are the rules that were agreed by the United States of America in the 18th century whereas the constitution is the rules that democratic countries and other legalized institutions develop to implement law and order in their body.
Explanation:
Answer:A pivotal jury decision in New York in 1735 helped establish the principle of freedom of the press. Opponents of New York's royal governor William Cosby had set up John Peter Zenger (1697-1746), a German immigrant, as publisher of the New York Weekly Journal in 1733.
Explanation:
