I believe the statement is false. His printing press was in fact a starting point of modern history.
Answer:
Product Market : Goods and services produced by businesses are sold to households.
Factor Market: Markets where services of the factors of production are bought and sold such as labor, capital, the market for raw materials, and the market for management or entrepreneurial resources.
Answer:
The colonists felt that since they did not take part in voting for members of Parliament in England they were not represented in Parliament. So Parliament did not have the right to take their money by imposing taxes. "No taxation without representation" became the American rallying cry.
Explanation:
Answer:
The First World War created a new political and economic situation in India. (i) It led to huge increase in defense expenditure, Custom duties were raised,income tax was introduced to finance the war. (ii) Villagers were called upon to supply soldiers, forced recruitment in rural areas caused widespread resentment.
<span>he Kansas-Nebraska Act allowed each territory to decide the issue of slavery on the basis of popular sovereignty. Kansas with slavery would violate the Missouri Compromise, which had kept the Union from falling apart for the last thirty-four years. The long-standing compromise would have to be repealed. Opposition was intense, but ultimately the bill passed in May of 1854. Territory north of the sacred 36°30' line was now open to popular sovereignty. The North was outraged.The political effects of Douglas' bill were enormous. Passage of the bill irrevocably split the Whig Party, one of the two major political parties in the country at the time. Every northern Whig had opposed the bill; almost every southern Whig voted for it. With the emotional issue of slavery involved, there was no way a common ground could be found. Most of the southern Whigs soon were swept into the Democratic Party. Northern Whigs reorganized themselves with other non-slavery interests to become the REPUBLICAN PARTY, the party of Abraham Lincoln. This left the Democratic Party as the sole remaining institution that crossed sectional lines. Animosity between the North and South was again on the rise. The North felt that if the Compromise of 1820 was ignored, the Compromise of 1850 could be ignored as well. Violations of the hated Fugitive Slave Law increased. Trouble was indeed back with a vengeance.</span>
