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The more fundamental reason I believe capitalism is speculative and inherently unstable is that the money on which it is based is speculative as well. Contrary to what socialists claim, capitalism, with all of its flaws, is the preferred economic system for lifting the masses out of poverty and transforming them into productive citizens in our country and around the world.
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Explanation:
an adequate difference by stating the “Chesapeake region was known for tobacco plantations, introduced by John Rolfe,” whereas “New England colonies established towns where their economy was based on farming, fishing, hunting and trading.” Although New England and the Chesapeake region were both settled largely by people of English origin, by 1700 the regions had evolved into two distinct societies
The native americans thought the french was less a threat and the french also treated the native americans with more respect.