Answer:
Capitalism in practice
Perfect competition is only theoretical, it has never existed nor is it possible to exist. Capitalism as defined cannot exist and any economy that claims to be capitalist is actually some other type of economic system, i.e. only has some capitalist features.
Explanation:
Dr. Smith is conducting a longitudinal case where it is a case being done in a same manner over a long period of time. It could be seen above as Dr. Smith has instructed his representatives to go back every five years to conduct the same measurement in a course of a long period which is until they are sixty years old which could be classified as the longitudinal case.
Because both wanted power over North America and also they wanted land.
