Answer:
n a market economy, most economic decision making is done through voluntary transactions according to the laws of supply and demand.
Explanation:
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Answer:
Low Chinese demand for European goods led British traders to deal in opium, creating addicts and triggering a war.
Explanation:
The Chinese had always restricted trade with Europe and were not interested in their goods.
However, when the British were willing to trade opium for silver, the Chinese were interested because silver was used in China for currency.
But, the Chinese began to become addicted to opium, leading the government to stop the trade, which caused the opium wars when the British were angry.
The Glorious Revolution or the Revolution of 1688 was the revolt of the Protestants against the Catholic rulers. During this revolution James II was ruling over England and its colonies. William III of the parliament along with his wife spearheaded the campaign against the King because of this Catholic leanings. This broke down the centralised control of England over all its colonies and the colonies began to rebel. After these rebellions the British did not have any particular regulations for the colonies. This neglect made them form their own separate institutions and this is what paved way for the American Revoltuion later on.
