Some of the things that motivated some colonists to remain loyal to the British Crown were:
- C. They wanted to continue selling their goods to the British for a profit.
- A. They feared they would be taken as prisoners of war when the British suppressed the colonial rebellion.
<h3>Who is a Colonist?</h3>
This refers to an individual who is subject to a higher power and authority based on the fact that the country has colonised his country.
According to American history, we can see that America was once a colony of Britain and when there were calls for independence by American patriots, some colonists were reluctant and were still loyal to the crown because of the benefits of trade.
Read more about colonisation here:
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Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States. The wide-ranging effects of globalization are complex and politically charged. As with major technological advances, globalization benefits society as a whole, while harming certain groups. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs. Since ancient times, humans have sought distant places to settle, produce, and exchange goods enabled by improvements in technology and transportation. But not until the 19th century did global integration take off. Following centuries of European colonization and trade activity, that first “wave” of globalization was propelled by steamships, railroads, the telegraph, and other breakthroughs, and also by increasing economic cooperation among countries. The globalization trend eventually waned and crashed in the catastrophe of World War I, followed by postwar protectionism, the Great Depression, and World War II. After World War II in the mid-1940s, the United States led efforts to revive international trade and investment under negotiated ground rules, starting a second wave of globalization, which remains ongoing, though buffeted by periodic downturns and mounting political scrutiny.
Answer:
e. The opportunity cost of going to the movies is being better prepared for the exam
Explanation:
In Economics, opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of a choice is the benefits that could be derived from another choice using the same amount of resources.
In this scenario, an individual's next best alternative to going to the movies is studying for a calculus exam. Therefore, the opportunity cost of going to the movies (alternative forgone) is being better prepared for the exam.
Monroe Doctrine was the early-19th century announcement that the American continents were not subjects for future colonization by any European country.
