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The American Revolution was principally caused by colonial opposition to British attempts to impose greater control over the colonies and to make them repay the crown for its defense of them during the French and Indian War (1754–63).
Regulation in an economic system is the application of rules by the government or other administrative agencies backed by the use of penalties intended to support a competitive and growing economy. It can also aim at protecting the environment, plan an economy, and enrich connection of firms.
In certain sectors natural monopolies limit the prospects for effective competition and economic regulation is aimed at promoting effective competition where big and small companies have an opportunity for growth and consumers’ interests are protected.
<span>The southern colonies were mostly aranged by cash crops. They made huge amounts of cotton, wheat, tobacco, corn, and similar things, because they had a good climate for that so they could export it and earn loads of money. This is how the southern states became wealthy and land owners became something like nobility, important rich figures that were respected.</span>
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