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increase tarrifs to keep out foreign manufactored goods!

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14y ago

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How did the British attempt to keep industrial secrets from the US?

other countries copied their work


What did Britain do in order to keep industrial secrets from the US?

blockaded the u.s. from engaging in international trade


Why was Britain unable to keep industrial secrets away from other countries?

Workers would sneak away from Britain and sneak into other countries to share information and industrial secrets. Such as showing them how to build machines.


How did Britain keep the IR a secret from other countries such as the United States?

They did no such thing. The Industrial Revolution spread spontaneously.


How did unions attempt to achieve their goals in industrial era?

By bargaining with employers. Hence the term "Collective Bargaining." God Bless and Keep the Unions!


When was Keep Britain Tidy created?

Keep Britain Tidy was created in 1955.


When was Keep Britain Untidy created?

Keep Britain Untidy was created in 2000.


Government has a monopoly on the legitimate use of force to keep order?

Yes they do.


What purpose does competition serve in the free market?

to keep monopoly's from happening


What are agreements among companies to keep prices at a certain level?

Monopoly


How did Great Britain keep industrial secrets from leaving Britain?

Great Britain employed strict laws and measures to prevent the emigration of skilled workers and the transfer of industrial secrets. They imposed penalties for those who shared trade secrets and established a system to monitor and control the movement of workers with specialized knowledge. The government also encouraged the establishment of a culture of secrecy within industries, fostering a sense of national pride in their technological advancements. Additionally, they utilized espionage to gather intelligence on foreign industrial developments.


Is an electricity company an example of monopoly?

Yes, it is more beneficial for the economy to have utilities as a monopoly, although they are considered as a 'natural' monopoly. Governments can nationalise the utility in order to maximise social welfare rather than maximise profit, this will keep prices low, keep output high and increase consumer surplus and consumer choice. Your welcome