<span>Substitution Effect, The idea that as prices rise (or incomes decrease) consumers will replace more expensive items with less costly alternatives</span>
Answer:
The answer is the Enlightenment.
Explanation:
The Enlightenment was a period during which the source of all knowledge was believed to be based on reason and the senses. It took place between the 17th and 19th century.
Intellectuals of the time used to circulate their ideas through academic meetings, as well as books and journals.
According to the passage, European countries have a problem with entrepreneurs starting businessses because there is a lack of entrepreneurs in Europe. In order to promote entrepreneurs, the passage suggest to change school education, change administrative requirements and find investors that are easier to attract.
1. French alliance with the Americans which combated the British fleet
2. Difficult for British to resupply/get reinforcements as they went farther from the coast
3. Nathaniel Greene (American General) wore British troops down leading to Yorktown
“Insure domestic tranquillity “
“Secure the blessings of liberty “
“Establish justice “
“Provide for the common defence “
