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.
In 1630, more Puritans came to the settlement and built Massachusetts Bay Colony where the Old Deluder Law<span> had been passed. </span>
B. The fear that communism would fail in the United States
