Answer:
Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
Answer:
There were two reasons for the motivations of Europeans to seek new trade routes:
Option A) to find new areas to colonize
and Option B) to cut out the "middleman" in the exchange of goods
Explanation:
In the 14th and 15th Centuries, European nations were exploring new countries all over the world to colonize. What began as expeditions by Spain and Portugal eventually led all European nations to start their own similar programs.
Also, as the Ottoman Empire became stronger in the Middle East, they began to charge trading ships passing through their seas. In response, many European nations began to look for alternative routes to reach supply sources.
With lots of middlemen in the market, Europeans were looking to gain vast riches through new trading routes.
The English Bill of Rights, which influenced the Declaration of Independence, proposed the idea of a representative government that served the people.
<h3>What was the English Bill of Rights?</h3>
This was the bill that had to outline the rights of the people of Great Britain. The Bill was a charter that upheld the rights that the citizens had.
It helped to limit the powers of the government over the people by stating their basic rights.
Read more on the English Bill of rights here:
brainly.com/question/10498671
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This is true. It was relatively small given the extent to which slavery had been debated for some time. It enacted the fugitive slave act and banned slavery in Washington D.C.
Answer:
A. It was made up of 46 characters
Explanation:
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