There were many advantages and disadvantages. I'll name one disadvantage for you. The American soldiers were unprepared. They weren't ready for a battle as their army hadn't been well developed enough.
A free-market economy works well only without the government’s interference.
Adam Smith's theories are the basis for free-market capitalism and is the model of early capitalistic systems.
The Wealth of Nations lays out the economic theory of capitalism based on a free-market. As Adam Smith describes a free-market, the government should not interfere or regulate trade for the best results. When the government keeps their hands off the economy, large amounts of wealth can be earned and new businesses can grow with private investment and competition. Gilded Age capitalism is an example of free-market without government regulation. It produced unbridled wealth but also a large gap in social classes. Smith argues that is a necessary consequence to create motivation and competition.
Did you mean joint stock company? if so, here is one "<span>The Virginia Company was a joint stock company, in which investors bought."</span>
The correct answer is C.
Laboratories of reform, also denominated laboratories of democracy, was an expression promoted in the US by Supreme Court Justice Louis Brandeis.
It refers, within the federal structure, to a level of state autonomy that enables state and local goverments to act as "laboratories". They can pass l<u>aws that will be tested at the local or state level. It can be regarded as a manner of applying the scientific method to democracy. </u>The most prominent example would be the legalisation of marihuana in the state of Colorado, despite the fact that this substance is forbbiden at the federal level.
The legal basis for these laboratories of democracy is contained in the Tenth Amendment to the US Constitution, in the following provision: "all powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."
Answer:
African countries that were colonized because of imperialism did not benefit.
Explanation:
The people who colonized them (mostly Britain and France) stole their resources and enslaved their people. Many African countries never got a chance to develop because of Western European imperialism.
