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.
<span>In the 1954 case of Brown v. Board of Education, written by Chief Just Earl Warren, the Supreme Court decided that having "separate but equal" schools for African American children and for white children was not in fact equal and violated the Equal Protection clause of the 14th Amendment.</span>
It was motivated by a desire to find new resources and markets.
<em>New Imperialism </em>was a period of colonial expansion in the late 19th century. The European states set up colonies and trading posts in Africa and many carried missionary activities.
The main goal/purpose/motive for this expansion were:
<em>- the economic motive:</em> The Western states were looking for new raw materials for sale such as rubber, oil and tin. They also wanted to control the market in their new conquered territories.
- the political motive: there was a need to show military strength and dominance over other countries.
- the religious motive: the Western countries wanted to spread Christianity and promote education, hoping that they can help to abolish slavery in Africa. They also wanted to civilize primitive people.
- the exploration motive: the European states wanted to explore new territories to find new resources that benefited them.
If the value of the dollar falls, the United States can afford fewer goods and services from other countries, This decreases in the exchange value of the American dollar affect the ability of the United States to trade with other nation.
<u>Explanation:</u>
- When the US government makes their trade and supply they will create a demand for their products and dollars. While people are buying goods from their market their dollar rate will increases.
- If their product was not on high demand automatically the dollar value will go down. When the dollar value goes down the import of the country will make difficult.
- They need to import with a high amount when compared to the period of high demand in dollars or else they will import in less quantity.
half the nation wanted slavery the other half didnt
aka the south wanted slavery the north didnt
