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.
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The buffalo was important to the Indians because: Buffalo hide could be made into clothes, covers or tipis (or tepees). In this way the buffalo provided coverings to keep them warm and was also used to make their homes.
The buffalo is the very sources of life for the plains Indians. From the buffalo they got meat for food, skins for tipis, fur for robes, and anything else was for tools and things needed for everyday life. ... Bones, hooves, insides, horns, and hides. Even the buffalo's dung was used to make fuel.
The Sioux Indians used the entire buffalo following a kill. The buffalo hide was used for making tepees, clothes, moccasins, and robes. The hair was used to make rope and the horns were used as cups and dishes. Children fashioned sleds out of buffalo ribs, and buffalo fat was used as glue.
The Northwest Ordinance is considered one of the most important laws in American history because it created the process for admitting states and expanding the country (C).
Passed in 1787, it recognized the sovereignty of the Federal government and allowed it to become bigger and bigger by creating entirely new states in the west, instead of enlarging the thirteen states which already existed. This resulted in the creation of Ohio, Indiana, Illinois, Michigan, and Wisconsin in the early nineteenth century.
General Washington chose to cross an ice-chocked Delaware River winter’s night because his purpose was to make a surprise attack on a Hessian garrison which consists of 1,400 soldiers located in and around Trenton, New Jersey. Washington had hoped that a fast victory in Trenton would boost morale in his army and encourage additional men to join Continentals rank in the coming new year.
