Businesses compete in a free enterprise system because these systems exist in a capitalist environment, wherein the company with the "best idea" or product makes the sale and thus a profit--thus fostering competition.
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Although The Battle of
Hampton Roads was not won by either side, the importance it had, was
that it was the first battle of armored ships in history, and also
included a development of notable war technologies: such as the rotating
turret of the USS Monitor. <span>The great battle between these battleships lasted for hours, and none was able to destroy the other; finally the USS Monitor made the ironclad Virginia retreat, unable to do real damage. <span>This
initiated a new form of maritime war, using ironclads, that soon
would be much more advanced, like the ironclads or destroyers ships of the first
world war.</span></span>
<span> (B) lower labor costs. It's one of the big reasons why a lot of manufacturers build factories elsewhere such as Mexico, China, Southeast Asia, etc.. because the labor costs are so low. Workers there can be hired at far lower costs there than those in nations like the United States.</span>
After the defeat of Japan in World War II, the United States led the Allies in the occupation and rehabilitation of the Japanese state. Between 1945 and 1952, the U.S. occupying forces, led by General Douglas A. MacArthur, enacted widespread military, political, economic, and social reforms.