He could've just said it was true..........................the answer is true
Equity-efficiency tradeoff results when maximizing the productive efficiency of a market leads to a reduction in its equity—as in how equitably its wealth is distributed.
The captured of the Columbia and South Carolina
1. Britain had LARGE AMOUNTS OF COAL AND IRON which benefited the Industrial Revolution
2. Had a LARGE LABOR SUPPLY due to population growth and from unemployed farm laborers that went to the big cities to look for work
3. Government was BUSINESS-FRIENDLY and business people influenced government to get the PARLIAMENT to PASS LAWS that HELPED BUSINESS GROW
because they didn't have representatives in Parliament that could vote on the proposed tax laws. The colonists felt they weren't being fare to them by passing the proclamation of 1763. The colonists wanted to own land.
