Answer:
The third option.
Explanation:
Hitler successfully played on nationalism and anti-semitism. as Germany suffered from the Great Depression Hitler offered a simplistic solution, blaming it on international Jewry in areas such as banking.
Consumers benefit from perfect competition because the produce they are buying slowly drops in price. When two companies fight and try to get the most sales they tend to lower their prices so that more people will go to them instead of the competition.
The economic value of having colonies in the first place was for 3 main reasons
1) attain cheap labour from the native peoples
2) acquire cheap raw materials to bring to the homeland (Europe)
3) open up new markets to trade with
the first two were vital in Britains industrial revolution. Without cheap raw materials, and cheap labourers, the factories and refineries in Britain would have costed far more to maintain and keep supplied. This, in turn, would have slowed down production considerably. There is no doubt in my mind that the industrial revolution would still have taken place in Britain with or without the colonies, but WITH the colonies the process was sped up considerably.
Overall, cheap labour and raw materials attained through Britains colonial interests sped up the industrialisation of the UK.
This question is incomplete; here is the complete question:
The Europeans began to colonize areas rich in resources such as rubber and petroleum after ______. Factories transformed such raw materials into finished goods, but they needed _______ to sell these finished goods.
1st blank options :
WW1
the Industrial Revolution
the Agricultural Revolution
2nd blank options:
new markets
property
government support
The correct answers are 1. The Industrial Revolution and 2. New markets
Explanation:
Many European countries such as England, France, or Spain colonized and exploded territories in other continents such as Africa or America to obtain natural resources that were needed for massive production. This included the use of rubber and petroleum, which were either used as fuel for machines or to produce goods. For example, petroleum could be used as fuel or to make products such as tires. Moreover, this occurred after the first Industrial Revolution as the economy focused on manufacture and exploiting resources allowed countries to increase their profits.
Moreover, the massive manufacture of goods required new markets or consumers that could buy for the products. This motivated the expansion of trade as finished products began to be massively sold not only in the countries they were produced but in other countries.
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