There are two necessities for an industry to be competitive, first for an industry to be competitive, the industry must have numerous producers that does not have a large market share, second, an industry can be considered competitive if its consumers regard the products of the producers as equivalent.
The gilded age was characterized by economic growth but the name “Gilded Age” was given because of how the world impacted the common people. During this period of time in American history, the wealth gap was very severe and the gilded age was only an era that benefited the wealthy with large occurrences of monopolization . Additionally many technological advancements were made like the construction of the transcontinental railroad linking Atlantic to Pacific.
In 1846, the Oregon boundary dispute between the U.S. and Britain was settled with the signing of the Oregon Treaty. The British gained sole possession of the land north of the 49th parallel and all of Vancouver Island, with the United States receiving the territory south of that line.
<em>What was the significance of the peasants revolt?</em>
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The Peasants Revolt 1381. The Peasants Revolt of 1381 was the first popular uprising in England. The peasants were objecting to high taxation and demanding payment of wages in money. They marched on London, but were fooled by the King, and their leader, Wat Tyler, murdered.
The answer is resolution.
