In 1750 the price of a cotton shirt was much higher because there was less efficient technology.
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To avoid any perception of “taxation without representation,” the Articles of Confederation allowed only state governments to levy taxes. ... The country's economic woes were made worse by the fact that the central government also lacked the power to impose tariffs on foreign imports or regulate interstate commerce.
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They’re usually know as plutocracies
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ko Sharma oli is our current prime minister