Easy to grow we had more plants to process the cotton
___________________________________________
___________________________________________
___________________________________________
___________________________________________
___________________________________________
In the 1780's and 1790's The United States and Britain had just fought in a war against each other. The United States and Britain went to war over the American people wanting freedom from British rule and taxation. The Americas won the war leading to large American debt and strained relations with Great Britain who embargoed American made goods.
The Era of Good Feelings, which occurred from about 1815 until about 1825, was a time period in which nationalism (or extreme pride in one's country) were at a high after America won the War of 1812. After the War of 1812, many British citizen wanted to reopen trade between Great Britain and America. There were no territorial losses between either countries and both sides were open to becoming close allies. This was made possible after the Treaty of Ghent, Rush-Bagot Treaty, The Treaty of 1818, The Webster-Ashburton Treaty, The return of Massachusetts, and the Oregon Treaty. These agreements documented the positive energy and the willingness to compromise and remain allies of both major nations.
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
The explanation of the laws of supply and demand from the perspective of the consumer (demand) and the perspective of the producer (supply) is the following
In the Capitalists economic system, investors and entrepreneurs took risks when invested their money to create their companies. They let supply and demand established the prices of goods and services. The free market is ideal for them.
For the consumer, the demand is the number of people that ask for a determined product in the market. The more people demand a certain product, the price of this product could be higher if product is not enough.
From the perspective of the producer, if too many people demand the product, the producer can charge more when selling the product to the public. But if consumers are not demanding the product and there is plenty of this product, producers have to reduce the price of the product so people could be interested in purchasing it.
A simple example is winter clothes in summer and summer clothes in winter. Nobody is going to ask for a snow jacket in the summertime, so this product won't be available or is going to be relatively cheap because the weather is hot. On the other hand, during winter, that product would be expensive because a lot of people are going to be interested in purchasing one. And as nobody will ask for short pants, these are going to be cheap.