A growth model is developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape.
Basically the taxes were raised a ton due to government spending which caused riots. I'm not sure what was considered the official start though, sorry!<span />
It is a because 75 degree longitude goes right over Canada
The Jay Treaty was between the USA and Great Britain
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