Before the Revolutionary War, most American colonists called themselves (C)Englishmen.
Department of treasury was part of president George Washington's original cabinet. The correct option for the given question is the first option. This was the department that was created in the year 1789 for the sole purpose of maintaining the government revenue and treasury. The first person to become the secretary of the treasury department was Alexander Hamilton. He got sworn into charge of the office in the year 1789 on 11th September after Robert Morris declined to take the post. Robert Morris was first offered the post of secretary by George Washington.
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Explanation:
➤ When a few companies dominate the market, it’s called Oligopoly
An Oligopoly is referring to when a few companies dominate, overpower or become more successful or larger than other companies or markets. It does not matter how powerful the dominated or dominating companies are. Oligopoly is simply referring to a few companies. Although only a few firms dominate, it is possible that many small firms may also operate in the market.
- Mordancy
