Answer:
The Immigration Act of 1924 limited the number of immigrants allowed entry into the United States through a national origins quota
Explanation:
Answer:
Private property promotes efficiency by giving the owner of resources an incentive to maximize its value. The more valuable a resource, the more trading power it provides the owner of the resource. This is because, in a capitalist system, someone who owns property is entitled to any value associated with the property.
Explanation:
Answer:
Washington's failures were numerous. He was greatly indebted to British creditors almost all of his life, often because his plantation tobacco crop failed.
Explanation:
Monopolistic competition is characterized by a large number of firms and low entry barriers.
<h3>What is monopolistic competition?</h3>
Monopolistic competition occurs where competitive firms produces or manufactures products or services that are similar and close substitutes to one another.
The characteristics of the monopolistically competitive market includes:
1. Presence of many sellers in the market
2. Easy entrance and exit of consumers in the market
3. Differentiated products in the market.
Hence, monopolistic competition is characterized by a large number of firms and low entry barriers.
Learn more about monopolistic competition here: brainly.com/question/3520816
