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.
Answer:
yes
Explanation:
just go to sleep ur welcome
<span>- Chinese products (especially silk) were vital to the Afro-Eurasian trade networks
- Chinese technologies (shipbuilding, navigation, gunpowder, printing) spread to other regions of Eurasia
- Buddhism greatly affected China
- China's trade with the rest of the world made it the richest country in the world
-
Most highly commercialized society in the world too, with regions
(especially in the south) producing for the market as opposed to for
local consumption
- China adopted cotton and sugar crops and how to refine them from India</span>
Answer:
OC. They were considerate and stylish.
Explanation:
In the given excerpt from Hernan Cortes's letter, he mentioned how the people of Tenochtitlan were more focused on their dresses an appearance than the other provinces around. He further went on to reiterate that this characteristic prevails in the city more than in any other place.
With the given perspective about the people of Tenochtitlan, Spanish conquistador Hernan Cortes seems to provide a <em><u>conclusion that the people were considerate and yet stylish.
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Answer:
The Tea Act, passed by Parliament on May 10, 1773, granted the British East India Company Tea a monopoly on tea sales in the American colonies. The passing of the Tea Act imposed no new taxes on the American colonies.
Explanation:
The Tea Act 1773 (13 Geo 3 c 44) was an Act of the Parliament of Great Britain. The principal ... The markups imposed by these merchants, combined with tea tax imposed by the Townshend Acts of 1767 ... Rights of Englishmen · Writ of assistance · Admiralty courts · Parson's Cause (1763); Taxation without representation ..
