Answer:
Since few battles were fought on Texas soil most fields and farms were not destroyed.
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It reduces the per unit fixed cost. As a result of increased production, the fixed cost gets spread over more output than before. It reduces the per unit variable costs. Economies of scale bring down the per unit variable costs.
Answer:
Freedom of speech secures the blessings of liberty. It keeps people from being punished for their opinions.
Explanation:
According to the United States of American Constitution, the First Amendment protects the citizen's rights and restricts the authority or government of the state from making such laws that control or restricts an establishment of belief, religion or faith, compressing the freedom of speech, or obstruct the free practice of religion, the right to peaceably gather and the freedom of the Media.
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Answer:
Economic imperialismThe father of the economic interpretation of the new imperialism was the British liberal economist John Atkinson Hobson. In his seminal study, Imperialism, a Study (first published in 1902), he pointed to the role of such drives as patriotism, philanthropy, and the spirit of adventure in advancing the imperialist cause. As he saw it, however, the critical question was why the energy of these active agents takes the particular form of imperialist expansion. Hobson located the answer in the financial interests of the capitalist class as “the governor of the imperial engine.” Imperialist policy had to be considered irrational if viewed from the vantage point of the nation as a whole: the economic benefits derived were far less than the costs of wars and armaments; and needed social reforms were shunted aside in the excitement of imperial adventure. But it was rational, indeed, in the eyes of the minority of financial interest groups. The reason for this, in Hobson’s view, was the persistent congestion of capital in manufacturing. The pressure of capital needing investment outlets arose in part from a maldistribution of income: low mass consuming power blocks the absorption of goods and capital inside the country. Moreover, the practices of the larger firms, especially those operating in trusts and combines, foster restrictions on output, thus avoiding the risks and waste of overproduction. Because of this, the large firms are faced with limited opportunities to invest in expanding domestic production. The result of both the maldistribution of income and monopolistic behaviour is a need to open up new markets and new investment opportunities in foreign countries.
