The reason is Georgia was a colony for runaway prisoners and for people with huge debts(more than a 1000) so Georgia didn't have many valuable items.
A growth model is developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape.
question 6 is globalism
I hope it's good I answered at least one of them
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