Eli whitney created the cotton gin
Answer:
Along with the establishment of the Tang Dynasty (618 - 907) and a great prosperity in the economy, the Silk Road rose to its peak in history. All these factors led to trade prosperity along the Silk Road and to frequent cultural exchange between the West and the East.
Explanation:
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Answer:
Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
The Spirit<span> of the </span>Laws<span> (French: De l'esprit des lois, originally spelled De l'esprit des loix; also sometimes translated </span>The Spirit of Laws<span>) is a treatise on political theory, as well as a pioneering work in comparative </span>law<span>, published in 1748 by Charles de Secondat, Baron de Montesquieu.</span>
