The setting-up of a base at Guantanamo Bay. This happened after the war. The U.S. obtain Guam, the Philippines and
Puerto Rico from the Spanish. They did
not acquire Cuba but kept a lease on Guantanamo Bay. This was America’s entry into Imperialism.
Answer:
Britain.
Explanation:
Hamilton was committed to the success of the American experiment in republican self-rule, it is nonetheless true that he admitted to believing that a constitutional monarchy on the British model was the best form of government.
A market economy has several aspects that characterize it. It is very rare that all of these aspects are realized completely.
1) In this type of economy the government doesn't intervene.
2) Resources are privately owned. Goods and services are given by the individuals.
3) There has to be freedom of choice to buy and sell whatever the people want. Freedom of enterprise to start any business you want.
4) Every entrepreneur sees for himself and looks to maximize their profit. They act on self interest.
5) Competition is very important for a market economy to work. <u>In theory</u>, when there's competition the market will regulate itself preventing price and power abuses and guaranteeing the best price for the costumer.
In the US?
California, New York, Florida