The French<span> decided to back the U.S. in its military efforts until the U.S. had full independence from Great Britain.</span>
Answer:
The Great Depression had devastating effects in countries both rich and poor. Personal income, tax revenue, profits, and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25% and in some countries as high as 33%.
Answer:
One drawback of pure competition is that sellers don't have the opportunity to earn more than their competitors unlike in monopolies, the sellers can set their own prices.
Explanation:
Pure competition is a type of situation where sellers offer the same products of the same prices. This is also called<em> "atomistic market."</em> So you can imagine that the different companies have almost the same sale. An example of an item under pure competition is "corn." Vendors (people) usually sell them at the same price and quality. If differences do exist,<em> they're totally irrelevan</em>t.
Answer
British East India Company. It turns out, that India was never originally colonized by the British crown, but by a multinational company (MNC). Robert Clive, who won the Battle Of Palashi (‘Plassey’ for ‘Hey bear, ek gin and tonic idaar!’ folks), was an employee (‘Team Leader’ in 21st-century terms) of the world’s first public limited company. (Britons had equity stakes and to make favorable trading deals, the company ended up having an army.)That hired army ended up ousting the weak-by-then Mughals and accidentally ended up with a nation. Ours. Yes, a large company, so influential and powerful, that it made laws of another nation. The modern equivalent would be if, say, Coca-Cola removed the Chinese premier and started running it. It’s unheard of, mad. But that’s what happened, and that is how I am writing this column in English and you’re reading it in English, both parties pretending as we folks have always been English speakers and writers. All because a bunch of company middle management wanted to protect their investments and threaten some nabobs for their tea and silk and spice and opium trade. And the company’s armies also meted out their version of justice. This begs the question: can a company do that? Today, if you visit the dockland area of London from where the East India Company ships once sailed, hundreds a day to rule Calcutta, Bombay, and Madras, there’s a wildlife reserve, a jogging track, an indoor concert hall called the O2 Arena, a bunch of suburban high-rises that look a bit like Whitefield in Bengaluru, and an HSBC call center. Zero signs that it was once the epicenter of the imperial world, ruling 3/4th of the planet with trade.
Answer:
Why did new industries develop in the South during Reconstruction? During the war, Union soldiers destroyed crops and plantations in the South. The South needed to develop new industries that no longer relied on slave labor, and hoped to diversify and revitalize its economy following the war.
