Answer:
Having to pay high duties on foreign sugar and molasses.
Explanation:
During the colonial era, especially from the mid-1700s, Britain began to carry out increasingly protectionist policies regarding its production, framed in the mercantilist concept of economic production. Mercantilism, in short, established that the wealth of a country is mediated in terms of its production of resources and its territorial extension, which allowed nations to accumulate wealth.
In this context, the British government began to prohibit its colonies from trading with other European nations (as this would benefit their economies), establishing commercial monopolies in the colonies, which implied a huge loss of rights on the part of the colonists, harming their economic and political freedoms.
<u>Mixed Economy:</u>
The mixed economy in economics cohabits with the government's intervention in the market systems of allocating resources, trade, and commerce.
When a government gets involved to undermine free markets through the establishment of state-owned companies (such as public healthcare or education), legislation, incentives, tariffs, and taxation policies, it may create a mixed economy.
It is structured among true capitalism and true socialism, with a certain number of free-market components and social democratic elements. It is the combination of the aspects of capitalism and socialism.
Mixed economies generally preserve private control and ownership over most production processes but often regulated by the state. These type of economies are socializing industries which are considered essential.
Even if some economists question the economic consequences of different mixed modes of economics, they are all common in historical and contemporary economies.
Provide Access To Trade In China Without Controlling Territory
Answer:
The fall of France promoted the American people’s acceptance of the Lend-Lease Act.
