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nadezda [96]
2 years ago
11

What economic relationship did the American Colonies have with England?

History
1 answer:
iragen [17]2 years ago
3 0

Answer:

c. A Captive Market

Explanation:

A captive market can be defined as a type of market in which the consumers or potential customers are only able to buy (purchase) what is made available to them due to the limited number of competitive suppliers (wholesalers or suppliers) in the market.

This ultimately implies that, in a captive market, the choice of the consumers is very limited and as such they can only buy goods or services that are made available by the supplier. Therefore, a captive market is characterized by oligopoly or monopoly and as a result of this, the price of goods and services are generally higher with minimal choice for the consumers.

Hence, the economic relationship the American Colonies had with England is known as a captive market.

In the 16th century, the American Colonies was typically a captive market for Great Britain as a raw materials such as lumber, rice, fish, or tobacco in exchange for sugar and slaves.

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olga55 [171]

Answer:

A. Individual versus self.

Explanation:

There are different types of conflicts that can occur which presents a contrast or dilemma in making or choosing decisions. Those difficulties or dilemmas are known as conflicts especially in literary work.

The conflicts can be of different types, be it a person against society, with another person, with nature, or even within himself/ herself. And when this conflict appears within the person, then that is termed as internal conflict. And so, <u>when a person is faced with a conflict with a decision she struggles to make, that becomes an internal conflict between her and her own self</u>.

Thus, the correct answer is option A.

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Oduvanchick [21]

Based on the Graph displayed, the number of workers willing to work increased when the government raised the minimum wage from $17 to $25, the observation is that the workers increased from 17 to 28 due to an increase in minimum wage.

To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service.  Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.

In this scenario, looking carefully at the graph, the graph shows that in the ordinate axis (Y line), where the minimum wage values are, The demand for workers falls to 9 when minimum wage increase, and the supply (workers willing to work) increased to 28 workers. This means that companies would hire 9 workers paying $25 in Minimum wage.

So, therefore, an increase in minimum wage will bring about an increase in the supply of workers, however, this will lead to a decrease in demand for workers by firms.

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The twelve tables established a system of defined bureaucracy for ancient Rome
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Explanation:

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Explanation:

He first gained national attention when he led small groups of volunteers during the Bleeding Kansas crisis of 1856

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