Only a few sellers, each offering a similar or identical product to the others. Monopolistic Competition. Many firms selling products that are similar but not identical. A duopoly is an oligopoly with only two members.
If you think of European empire prior to the 19th century, where did they extend their control over other lands? It was mostly in the Western hemisphere. France and Spain and others had large colonial territories in the Americas. During the years following the French Revolution in Europe (which happened at the end of the 18th century), Napoleon came to power and the Napoleonic wars were fought across Europe. The focus of Napoleon's attention was on Europe, not on colonies across the ocean. So, for instance, he sold off the Louisiana Purchase to the United States. Elsewhere across the Americas, native populations took advantage of the changes in Europe to rebel against colonial governments. Napoleon had taken control over Spain and other parts of Europe as well as France, and a wave of independence movements broke out in colonial territories in Central America and South America.
When Europe resumed efforts to extend its control over other parts of the world, later in the 19th century (and into the early 20th century), they shifted their focus to Africa and Asia. There was a race for controlling territories across all of Africa and especially in southeast Asia. In Africa, only Ethiopia and Liberia managed to maintain their independence from European control when that wave of imperialist action took place.
Answer: To end slavery in the Confederacy and weaken the Southern war efforts.
Explanation:
President Lincoln issued the Emancipation Proclamation in 1863 and this freed all the enslaved people in the Confederacy. This was a very good move because it had multiple effects that weakened the war effort of the Confederacy.
Firstly it made the Civil War about ending slavery which dissuaded European powers from supporting the Confederacy as they had abolished slavery. It also led to tens of thousands of African Americans signing up for the Union Army because they knew that victory meant freedom for their race.
The result was that tariffs were lowered which bothered lobbyists but had great support from the public. The trusts were slowly beginning to end because of the Federal Trade Commission Act of 1914 and Clayton Anti-Trust Act of 1914 that was meant to end monopolies in businesses. The banks were reformed with the Federal Reserve Act of 1913 which is still used today, only modified.
