B.Created the political party system
Battle of Saratoga-
Convinced France to recognize the colonies independence
Continental army captured 5000 troops
Battle of Trenton-
Washington and his army crossed the Delaware river on dec 25
Capture of the hessian troops improved the Continental army’s morale,
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Adam Smith advocated a capitalist economy in which people could freely pursue their own self-interest with government repression. But, in pursuit of self-interest led to oppression and greed, that's when the government should intervene with their invisible hand. Smith was truly an economic genius.
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Rockefeller was able to build his monopoly across the oil industry since he bought up oil refineries, cut costs, and reinvested his profits in other refineries.
Rockefeller was an American oil industry business magnate, industrialist, as well as philanthropist. He is widely regarded to as the wealthiest American of all time, and the richest person in modern history.
Rockefeller's wealth sky rocketed as kerosene and gasoline grew in importance, and he turnt into the richest person in the country, controlling 90% of all oil in the United States at his peak.
