The supply of coal was crucial to the industrial revolution because coal was cheap and affordable and also it was an excellent source of energy. Coal was the best energy source at the time of the industrial revolution and would allow for machines to be coal powered.
Answer:
In 1776, it took the momentous step of declaring America's independence from Britain. Five years later, the Congress ratified the first national constitution, the Articles of Confederation, under which the country would be governed until 1789, when it was replaced by the current U.S. Constitution
I believe Economist such as Adam smith would believe that.
Adam smith is one of the original economists that popularized the free market system. He believed that even with less or no Government intervention, the Market will regulate itself to the power of 'invisible hands' (or what we known as the power of supply and demand that always move toward equilibrium)
