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prohojiy [21]
3 years ago
15

Which statement best summarizes how entrepreneurship, one of the four factors of production, was able to contribute to the devel

opment of an industrial economy in Great Britain?

History
2 answers:
Oksanka [162]3 years ago
8 0

Answer is B for Apex

lakkis [162]3 years ago
6 0
The correct option is B.
There are four factors of production, these are land, capital, labor and entrepreneur. Without entrepreneur, the other three factors of production can not be put to use. The government of Great Britain support entrepreneurs by making policies that make it easier for people to establish companies. Great Britain was instrumental in bringing forth most industrial and technological advancements that was experienced during the industrial revolution.
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It can depend on a multitude of factors such as if we refer to economic ties, then yes I think it is positive, as China provides the US with the labor for US companies to utilize to mass produce their products. By contrast, our geopolitical ties are negative as suggested by conflicting interests and human rights issues that the US calls China out on (such as in Xinjiang where the Chinese had shown to strip the Uyghurs of their freedoms and putting them into re-education camps). A way that we can improve this is by holding more bilateral talks and to discuss about the certain issues that both countries have and working together to foster better relations and build mutual understanding.

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3 years ago
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More worrisome, however, was the situation in Central and South America. Revolutions against Spanish rule had been under way for some time, but it seemed possible that Spain and France might seek to reassert European rule in those regions. The British, meanwhile, were interested in ensuring the demise of Spanish colonialism, with all the trade restrictions that Spanish rule involved. British foreign secretary George Canning formally proposed, therefore, that London and Washington unite on a joint warning against intervention in Latin America. When the Monroe cabinet debated the idea, Adams opposed it, arguing that British interests dictated such a policy in any event, and that Canning’s proposal also called upon the two powers to renounce any intention of annexing such areas as Cuba and Texas. Why should the United States, he asked, appear as a cockboat trailing in the wake of a British man-of-war?

In the decades following Monroe’s announcement, American policymakers did not invoke the doctrine against European powers despite their occasional military ‘interventions’ in Latin America. Monroe’s principal concern had been to make sure that European mercantilism not be reimposed on an area of increasing importance economically and ideologically to the United States. When, however, President John Tyler used the doctrine in 1842 to justify seizing Texas, a Venezuelan newspaper responded with what would become an increasingly bitter theme throughout Latin America: ‘Beware, brothers, the wolf approaches the lambs.’

Secretary of State William H. Seward attempted a bizarre use of the doctrine in 1861 in hopes of avoiding the Civil War. The United States, said Seward, in order to divert attention from the impending crisis, should challenge supposed European interventions in the Western Hemisphere by launching a drive to liberate Cuba and end the last vestiges of colonialism in the Americas. President Lincoln turned down the idea.

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