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Verizon [17]
3 years ago
9

What is the difference between a factor market and a product market?

History
2 answers:
sergey [27]3 years ago
8 0

Answer:

Product Market : Goods and services produced by businesses are sold to households.

Factor Market: Markets where services of the factors of production are bought and sold such as labor, capital, the market for raw materials, and the market for management or entrepreneurial resources.

Hitman42 [59]3 years ago
4 0

Answer:

product market is sold to households but factor farmers service of factor.

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According to Patrick Henry, peace with England would only bring English colonists in America oppression or subjugation.

  • This is evident when Patrick Henry who was then the governor of Virginia declared at the Second Virginia Convention that peace with England or the British government would only lead to more suppression with no freedom or independence.

  • He was famous for stating that "I know not what course others may take, but as for me, give me liberty or give me death!”

Hence, in this case, it is concluded that Patrick Henry believed that peace with England would only bring English colonists in America oppression or subjugation.

Learn more here: brainly.com/question/13473943

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