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➤ When a few companies dominate the market, it’s called Oligopoly
An Oligopoly is referring to when a few companies dominate, overpower or become more successful or larger than other companies or markets. It does not matter how powerful the dominated or dominating companies are. Oligopoly is simply referring to a few companies. Although only a few firms dominate, it is possible that many small firms may also operate in the market.
- Mordancy
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In 1898, the Spanish-American War broke out, and the strategic use of the naval base at Pearl Harbor during the war convinced Congress to approve formal annexation. Two years later, Hawaii was organized into a formal U.S. territory and in 1959 entered the United States as the 50th state. Without that advantage we would have lost
Explanation:
Answer:
After the American Revolution, Jay believed in a strong central government than that created by the Articles of the Confederation, the first constitution of the United States. One of his chief gripes with the Articles of Confederation was America's lack of unity on trade: the national Congress could promise countries like France or Spain access to shipping ports, but without an executive branch to enforce the promises, any of the states could ignore the rules.
Revivalism and created new churches
