Utility refers to a thing’s effect on the physical world, while value refers to a thing’s effects on a persons mind
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The war of 1812 fought between the Great Britain and United States. The war bounded both the countries on the basis of trade. This war created the economic opportunity for United States as war resulted in growth in factory system in United States.
The Embargo Act helped the United States to establish factories for manufacturing goods in domestic line. This act halted the competition from factories of England and France. This act helped domestic producers to sell their products as earlier they were facing competition from France and England
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Tyche, in Greek religion, the goddess of chance, with whom the Roman Fortuna was later identified; a capricious dispenser of good and ill fortune. The Greek poet Hesiod called her the daughter of the Titan Oceanus and his consort Tethys; other writers attributed her fatherhood to Zeus, the supreme god.
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