The steam engine took place in the industrial revolution, which began in the second half of the eighteenth century in the Kingdom of Great Britain.
This significantly transformed the economy, technology, agriculture and trade, because with the arrival of the steam engine the work was industrialized and mechanized
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.
Answer:
In its most basic form it was made to put more power into the the 'common Americans' hands and allowing them to have say in political matters and such. Which this would be great, if the didn't create it with racial segregation intent. it would help in the sense that there would be a normal American able to talk about some issues from the our prespectives and weigh in on choices made.
