The answer is number 2 (:
Answer:
Product Market : Goods and services produced by businesses are sold to households.
Factor Market: Markets where services of the factors of production are bought and sold such as labor, capital, the market for raw materials, and the market for management or entrepreneurial resources.
The Albany plan of union failed because it security of independence for Great Britain. It also failed because the government was afraid of losing power, territory, and commerce both to other colonies, and to the British Parliament.
There were several causes that lead to the Cold War. The most important ideological conflict was that the Soviets believed in Communism and rest of the worl including United States of America disliked Communism. Soviets were against capitalism and the Americans were in favor of capitalism. The Soviets were also afraid of the nuclear bombs that United States possessed during that time and it was a grave security concern for the Soviets.
China is quite isolated because of surrounding mountains. Never seeing the other civilizations or hearing about them from nomads. It was difficult to travel there either way, one again because of the surrounding mountains, so no one was necessarily willing to venture out or into the area that was, at the time, China.
Bear in mind, I could be wrong. But I'm 98% positive that it is correct.
