A major difference between Adam Smith's view of economics and that of present-day capitalist theory is that Adam Smith viewed value as a product of labor, and thus operated under the Labor Theory of Value, which was used by basically all economists until the Labor Theory of Value became central to Marxism.
<span>It was a Portuguese explorer named Vasco de Gama</span>
The territory that became an independent country and was not a U.S. acquisition during American imperialism in the 1890s is Cuba.
In the 1890s, the Island region known as Cuba was under Spanish rule until the Spanish-American war.
Following the Spanish-American war in 1898, when the United States defeated Spain, the Spanish government ceded the Cuba territory to the United States under the Treaty of Paris.
However, by 1902, Cuba became independent, which made the island to be removed from the United States acquisition during the period of American imperialism in the 1890s.
Hence, in this case, it is concluded that the correct answer is Cuba.
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3. <u>Slavery</u> in the Americas differed from previous forms of slavery in that African Americans were traded as <u>goods</u>.
4. This implied that the trade and what it meant to be an enslaved person changed over time, from the need for plantation labor to the need to make <u>profits</u>.
5. For resistance to be successful, it requires continued sustenance. Resistance should never be ad hoc.
<h3>What was the transatlantic trade?</h3>
The transatlantic trade was an inhumane commercial and wealth-generating activity for many people and countries and lasted for centuries.
The transatlantic trade was also dehumanizing because of the warped purposes that those who engaged in it had. Their intent was self-enrichment, as the interests of the enslaved persons were not considered.
Thus, the transatlantic trade enriched people, but it was difficult to end and unconscionable.
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The Monroe Doctrine<span> was </span>important<span> because it stated that the newly independent United States would not tolerate European powers interfering with the nations in the Western Hemisphere, and if the European powers did interfere, then the United States would retaliate with war.
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