<span>The Louisiana Purchase was the acquisition of the Louisiana territory by the United States from France in 1803. The U.S. paid fifty million francs and a cancellation of debts worth eighteen million francs for a total of sixty-eight million francs. The Louisiana territory included land from fifteen present U.S. states and two Canadian provinces. The territory contained land that forms Arkansas, Missouri, Iowa, Oklahoma, Kansas, and Nebraska; the portion of Minnesota west of the Mississippi River; a large portion of North Dakota; a large portion of South Dakota; the northeastern section of New Mexico; the northern portion of Texas; the area of Montana, Wyoming, and Colorado east of the Continental Divide; Louisiana west of the Mississippi River; and small portions of land within the present Canadian provinces of Alberta and Saskatchewan. Its non-native population was around 60,000 inhabitants, of whom half were African slaves.</span>
Answer:
Khadija bint Khuwaylid
Hazrat Abu Bakr
Zayd ibn Harithah and Abu Bakr
Explanation:
Khadija bint Khuwaylid was the first woman to become a Muslim. She is the wife of Prophet Muhammad (S.A.W). Hazrat Abu Bakr was the first young man to become a Muslim. He is the close friend of Prophet Muhammad (S.A.W). Mount Hira is also called the place where Prophet Muhammad (peace be upon him) received his revelations from Allah through the angel Gabriel. Zayd ibn Harithah and Abu Bakr were the first two grown-up men that accepted Islam.
D.
They have no competition and so can charge whatever they want.
Answer:
c. A Captive Market
Explanation:
A captive market can be defined as a type of market in which the consumers or potential customers are only able to buy (purchase) what is made available to them due to the limited number of competitive suppliers (wholesalers or suppliers) in the market.
This ultimately implies that, in a captive market, the choice of the consumers is very limited and as such they can only buy goods or services that are made available by the supplier. Therefore, a captive market is characterized by oligopoly or monopoly and as a result of this, the price of goods and services are generally higher with minimal choice for the consumers.
Hence, the economic relationship the American Colonies had with England is known as a captive market.
In the 16th century, the American Colonies was typically a captive market for Great Britain as a raw materials such as lumber, rice, fish, or tobacco in exchange for sugar and slaves.
