In a capitalist society the prices of goods, services and labour are determined by supply and demand. If a lot of people want to buy a certain product its price will go up. Products that are mass produced usually have low prices. Another important feature of capitalism is competition.
Commodore Matthew C. Perry
Perry was warmly received by Japanese officials who had acquiesced and prepared a treaty that fulfilled many of Fillmore's demands. The Treaty of Kanagawa ensured the protection of American property and opened the ports of Hakodate and Shimoda to trade.
Answer:
Slavery was abolished in 1865, though the law says that you can't have african americans as slaves, it did not mean anything else, and white people had huge racist and prejudiced holdings against them, and because of this they were segregated and had been victims of many crimes because of their color because most americans did not like the fact slavery was abolished and treated them like dirt especially in the south.
Explanation:
Unrelated but this led to the great migration of African Americans from southern places to north, about 6 million traveled. (1916-1970)
The main reason why OPEC imposed an oil embargo on the US is because the US supported Israel in its “Yom Kippur War” with Egypt, and OPEC was made up of states that were against Israel, who was fighting the war against Egypt.