Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
1)As far as I remember, the way how the concept of representative government was reflected in the royal colonies is that their governor<span> reported the soldiers back to England after the presentation of the colony.
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2) I bet that the aspects of these governments which did not reflect the concept of representative government are : the greatest part of members was not chosen by the members themselves, it was determined by the government.
Do hope it will help you!
Regards.</span>
It revolutionized the maritime industry by allowing faster travel that could now be controlled without being reliant on wind currents. Along with it being faster, you could now transport goods on larger ships through smaller bodies of water like rivers.
In order to help the
student expand his/her knowledge I will help answer the question. This in hope
that the student will get a piece of knowledge that will help him through his
homework or future tests.
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Churchill and
Roosevelt met secretly aboard the USS Augusta. Together, they drafted the Atlantic Charter. This is the answer
for your history question.
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I hope it helps,
Regards.</span>
