Yes, the statement is true.
Conflict erupted within and between the colonial territories of North America and American Indians as a result of different European nations competing for the same resources.
- As the French, Dutch, British, and Spanish colonies allied with, traded with, and armed American Indian groups, conflicts in Europe migrated to North America, resulting in ongoing political instability.
- Teachers have the liberty to utilize examples such as the following: Chickasaw and Beaver Wars
- As European nations fought it out for dominance in North America, their colonies concentrated on securing fresh labor as well as on manufacturing and purchasing goods that were highly prized in Europe.
- Conflicts between the social and economic values of Europeans and American Indians led to changes in both societies.
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Invention of corporation contributed to
growth of the economy through pooling of resources and limiting of liability to
the owners. For instance, the Supreme Court ruled that a private corporation is
a natural person under the U.S. Constitution, with the same rights and
protection extended to persons by the Bill of Rights, including the right to
free speech.