How are individuals and economics similar

- They both must decide how to allocate resources.

- They both must carefully categorize available resources.

-They both must recognize the issues with nonrenewable resources.

- They both must choose whether to use more renewable resources.

monopolies  came to the united states with the colonial administration. the large-scale public works needed to make the new world hospitable to old world immigrants required large companies to carry them out. these companies were granted exclusive contracts for these works by the colonial administrators. even after the american revolution, many of these colonial holdovers still functioned due to the contracts and land

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