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Lena [83]
3 years ago
9

How did knowledge of the shipbuilding and navigation affect North America?

History
1 answer:
Andru [333]3 years ago
5 0

Answer:

it affected it by how the money kept coming in and how people how people started to use them

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How did James Madison’s political philosophy contribute to the development of the United States government?
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Among the founders, James Madison wielded the greatest influence in drafting the Constitution of 1789. In this way, Madison aimed to protect individual liberties and provide checks to "spiteful" human interests and selfish parochial prejudices

Explanation:

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When the profit matter comes to the business, the monopolistic firms earn profits slightly above their costs in the long run. Because barriers to entry are low, other firms have an incentive to enter the market, increasing the competition. As a result to survive in the market the profit margin gets lower. Therefore, they just make the profit above their costs.

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