“Free market capitalism” is:
a. The theory that free trade should be developed so that nations choose to specialize in certain goods that give them a competitive advantage.
b. The theory that nations should be able to establish open, tax-free trade for goods.
c. The system that supports equal distribution of property.
d. The theory that people control the market.
ANS: A
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Indicate whether the statement is true or false.
In 1772, which colony formed the first Committee of Correspondence, which called for rebellion and organized acts of resistance and protest toward the British?
A. Maryland B. Virginia C. New Hampshire D. Massachusetts E. All of these colonies were involved in creating the first Committee of Correspondence.