Answer:
Slave owners also feared that by placing enslaved persons in the army, there would be an expectation that they would be freed based on their service. Therefore he specifically prohibited bringing blacks into the army's ranks initially.
Explanation:
Because men 18-35 had to serve for 3yrs, later 17-50, and if he couldn't afford it, he would have to hire a substitute to serve for him.
Answer:
The first documented settlement of Europeans in the Americas was established by Norse people led by Leif Erikson around 1000 AD in what is now Newfoundland, called Vinland by the Norse. Later European exploration of North America resumed with Christopher Columbus's 1492 expedition sponsored by Spain. English exploration began almost a century later. Sir Walter Raleigh established the short-lived Roanoke Colony in 1585. The 1607 settlement of the Jamestown colony grew into the Colony of Virginia and Virgineola (settled unintentionally by the shipwreck of the Virginia Company's Sea Venture in 1609) quickly renamed The Somers Isles (though the older Spanish name of Bermuda has resisted replacement). In 1620, a group of Puritans established a second permanent colony on the coast of Massachusetts. Several other English colonies were established in North America during the 17th and 18th centuries. With the authorization of a royal charter, the Hudson's Bay Company established the territory of Rupert's Land in the Hudson Bay drainage basin. The English also established or conquered several colonies in the Caribbean, including Barbados and Jamaica.
Explanation:
Answer:
People make choices about what to buy.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of buying a product is the utility (satisfaction) that could be derived in another product using the same amount of money.
For example, if you decide to use your money to buy a Playstation 5, your opportunity cost would be the satisfaction you could have derived if you had invested the same amount of money in buying a bike for easy transportation.
Hence, opportunity costs exist when people make choices about what to buy.
