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.
The reason why historians use the term “Middle Ages" is because this timer period took place between the fall of the western Roman Empire and the Renaissance--which were two major, innovative periods of history, whereas not much happened in the Middle Ages relative to them. <span><span>
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Answer:
Jury duty --> allows participation in the legal system
following local and national laws --> helps maintain social order
civic participation --> boosts the growth of local communities
please give branliest :)
Answer:
so businesses can make good decisions about the future
Explanation:
It is important to measure the performance of an economy as this will help businesses make good decisions about the future.
