<span>Competition between Britain and other European powers led to wars
as they scrambled for territory. This include the Napoleonic Wars and the Seven
Years War. However, the British Empire also opened up the world for trade and
also granted its colonies independence.</span>
Businesses compete in a free enterprise system because these systems exist in a capitalist environment, wherein the company with the "best idea" or product makes the sale and thus a profit--thus fostering competition.
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The federal reserve coordinates all regulatory activities and examines banks periodically.
The first state to adopt weapons was Russia.
The Federal Reserve Act is an Act of Congress that created the Federal Reserve System, and which created the authority to issue Federal Reserve Notes as legal tender
