Answer:
The Monroe Doctrine was articulated in President James Monroe's seventh annual message to Congress on December 2, 1823. The European powers, according to Monroe, were obligated to respect the Western Hemisphere as the United States' sphere of interest.
Explanation:
Answer:
<em>After the increase in technology, machinery and equipment became the most valuable sources of capital.</em>
Explanation:
During Pre-Industrial societies the most valuable sources for generating income and wealth were Land and labor. Anyone with abundant agriculture land could hire people to work on them and earn a good living.
However, with the industrial revolution, automation and efficiency became more valuable and only those who could employ and run the latest machinery and churn out high-demand products, would become wealthy.
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