While the jobs at that time were <span>The jobs were merchants, craftworkers, inventors and farmers there was no major system. It worked the same way as any ancient village did.</span>
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.
At this time colonies were viewed as a major factor in determining a nations power internationally and also an engine for economic growth in a mercantilist system. Therefore, arguments in favor of U.S. Imperialism would have been fueled by the power struggle with European nations to exert global influence and dominance. Another major factor that individuals would have argued for was that colonies would have provided new markets and sources for raw materials for the growing US economy. In the end the U.S. did not become a major imperial power which most likely served the nation's power and reputation in the long run.
The correct answer is D. Many people lost their money because banks didn't protect it.
Hello there, and welcome! :)
Garret Morgan actually invent two things to be honest! (which are: gas mask and traffic light)
But from your choices on here, he invented the The Traffic Light (option B.)
Good luck on your assignment and enjoy your day!
~MeIsKairlyn:)
