General <span>Charles Cornwallis on October 19, 1781</span>
Henry Ford was the first entrepreneur to implement assembly line
production. There is some discussion as to whether it was actually Ford
himself that truly came up with the idea of bringing the assembly line
into the factory, but it cannot be argued that never before had it been
done with quite that level of success.
Answer:
False
Explanation:
The global economies that can exist in a country are divided into three:
a. Pure market ( free market economy
b. Command economy
c. Mixed economy which consists of both the pure market and command economy).
The pure market( free market ) economy is also referred to as the economy that has capitalism present in it.
Pure market economy is the economy practised by a country whereby owners of businesses can make their own decisions independent of the government. The government has no influence on the running of the firms or the value been placed in the products the firm produces. In a pure market economy, goods and services are exchanged voluntarily. Buying and Selling of goods and services are carried out in a competitive markets.
The raw materials or resources needed, are given to firms with high prices and a high production capacity that meets the needs of the country.
Pure market economy is not regulated by the government and it occurs in Democratic governments.
Not all global economies practise the pure market economy. An example of a country or global economy that practises the pure market economy is the United States of America.
Answer:
British governments left the colonies largely alone to govern themselves.
Explanation:
Salutary neglect: series of administrative policy measures created by the British government in the mid-18th century in relation to the American colonies. These measures presented a relaxation in the supervision of the administration of the colonies, leaving them increasingly autonomous in their management, encouraging the ideals of independence.
It was the First Continental Congress that wrote a petition to King George declaring parliament couldn't pass laws on the colonists without representation by colonists, since the colonists wanted to avert war with Britain if at all possible.
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