Question

Use the excerpt from the petition to Parliament to answer the question.

How might colonial farmers, artisans, and businesses consider capitalist principles a solution to the problem described in the petition?

A. Capitalism would favor colonial farmers, artisans, and businesses in local exchanges.
B. Capitalism would require free competition among colonists and other British subjects.
C. Capitalism would reduce production costs to make it easier for colonists to export goods.
D. Capitalism would decrease shipping costs to make it cheaper for colonists to import goods.

Answer 1

A. Capitalism would favor colonial farmers, artisans, and businesses in local exchanges.