Robert Fulton - steam boat
Sam Slater- water powered cotton mill
Cyrus McCormick - mechanical reaper
Morse- telegraph and morse code
The government regulates the economy for the benefit of the public through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exercises its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.
Answer:
The comparison between Portuguese and Dutch trade in Asia is done below
Explanation:
Dutch
- Monopoly of spice trade
- possessed trading post empires
- Later practiced colonial form of domination instead of trading post empires
- Attention geared towards Indonesia
- Attempt to control the shipping business
Portuguese
- Unrest in trade due to less value placed on European trade goods
- Raiding of ships and getting away it in order to circumvent monopolistic behaviors
- The Muslims who were monopolistic in spice trade thru setting up of post empires and seizing it force.
