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Why did some people believe that lack of competition would hurt consumers?
Theoretically, competition keeps prices low because various firms vie for the business of consumers. When they compete, they attempt to win a larger market share by lowering prices. Therefore, if competition is lacking, prices will increase. Take a monopoly for example. No competition means they can set really high prices.
What is the objectives in creating bulletin board?
Bulletin boards can serve various purposes. The general idea is for them to be used in order to inform others on various different topics. They can be used in a home for reminders of chores and weekly engagements, in office buildings to remind staff of important policies and announcements, as well as in stores to provide consumers with relevant information.
Who where the moderate How did they propose to struggle against British rule?
The moderates were the people who were non-violent and who opposed violence. They proposed to struggle against the British in a non-violent manner. In the first twenty years of its existence, the Congress was "moderate" in its objectives and methods. Its Moderate Leaders practised what was called by the Radicals as the "politics of petition". They would raise various political, administrative and economic issues, place their demands before the government, and expected the government to take action accordingly.
How does Congress use its commerce powers?
The Congress can use its commerce powers in various ways. These may include regulating business activities, breaking monopolies, regulating banks and stock markets and so much more.
What does the budget of the US government represent?
An agreement among various politicians about public spending.
