Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.
Slaveholders, the cliometricians argued, were capitalists for two reasons. First, their slaves were hugely productive and earned them a great profit. Second, they were in tune with the market and responded to its mechanisms. With these arguments, the cliometricians stand out as a notable group that considers slavery a form of capitalism.
I can find two of the three sorry
The correct answers are dry farming, reapers, threshing machines, seed drills, and steel plows. These are the new methods and technology that revolutionized agriculture and made it practical to cultivate the plains. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Confederate troops were outnumbered, and they usually lost.
Answer:
King George the third refused to accept the Olive Branch Petition
Shots fired at the Battle of Lexington and Concord, Massachusetts
British determination at the Battle of Bunker Hill (Breeds Hill)
Explanation:
Answer: C. protect new industries
Explanation:
Tariffs are charges to imported goods with the double aim of reducing imports and earning more income from them.
In the early days of industrialization, the U.S. lagged behind the more advanced European economies which meant that the Europeans could produce things cheaper than Americans and therefore sell cheaper as well.
Congress therefore believed that to protect new companies that were rising to meet the challenge they had to impose tariffs so that people would stop buying more imports and switch to the goods produced by the new industries.
