Answer:
number 3 I hope this helps
Answer:
- Land, labor, and capital also are known as factors of Production
- Economies must answer the three economic questions because resources are Limited
- If an economy does not answer the three economic questions, resources may Run out
- Negative consequences can result when an economy does not answer the three economic questions.
Explanation:
The three basic economics question that must be answered are:
- What goods and services will be produced?
- How will the goods and service will be produced?
- Who will consume the goods and services?
Every society must answer these three question in order to meet the needs of its people. Every society answer these 3 basic questions differently, but each encounters the same fundamental problems, that are resourcea allocation and scarcity.
Answer:
In 1651, parliament passed and imposed the "Navigation Acts" on colonies in the New World. These laws were passed to increase taxes on products shipped into the colonies and materials exported. But it also further restricted trade with foreign countries. Britain used Mercantilism to gain wealth from its colonies and heavily taxed them. But these are key points on how it would further affect trade.
- The Navigation Acts were passed in the 17th and 18th centuries to force colonial trade to favor England and prevent colonial trade with the Netherlands, France, and other European countries.
- The first of the Navigation Acts was passed in 1651 as a response to the Dutch trade wars and consequent devastation of British trade.
- The first Act reinforced a longstanding government principle that English trade should be carried in English vessels; later acts further restricted the trade practices of the colonies in order to increase England’s profit.
- The Acts required all of a colony’s imports to be either bought from England or resold by English merchants in England, regardless of what price could be obtained elsewhere.
- The Navigation Acts, while enriching Britain, caused resentment in the colonies and were a major contributing factor to the American Revolution, fueled by the later Molasses and Sugar Acts.
<u><em>Hope this answer helped!</em></u>
The economic causes of the American Revolution are the following:
- The British put numerous taxes on the colonies, forcing colonists to give money to Britain
- The British passed the Intolerable Acts closing Boston's harbor and keeping colonists from trading
According to historical accounts, the cause of the American Revolution against the British government is many. However, some of the economic reasons are linked to the Coercive Acts and taxes imposed on Americans.
Hence, in this case, the correct answer is options A and B.
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