Soldiers from colonies around the world fought in the war. Colonies became a source of manpower and raw materials. European colonies were not passive, while there was war in Europe, they were actively involved in the fight.
Answer:
D. television
Explanation:
During the 1950s and 1960s, television was introduced to the US, and companies took off from there. Television evolved from silent, black and white scenes to color.
Previously, the US was already regarded by many as a nation of prosperity and wealth, and this invention only reinforced that.
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A market economy has several aspects that characterize it. It is very rare that all of these aspects are realized completely.
1) In this type of economy the government doesn't intervene.
2) Resources are privately owned. Goods and services are given by the individuals.
3) There has to be freedom of choice to buy and sell whatever the people want. Freedom of enterprise to start any business you want.
4) Every entrepreneur sees for himself and looks to maximize their profit. They act on self interest.
5) Competition is very important for a market economy to work. <u>In theory</u>, when there's competition the market will regulate itself preventing price and power abuses and guaranteeing the best price for the costumer.
