The First Continental Congress

question 49

Multiple Choice

The First Continental Congress:

• A) called for a continued boycott of British goods .
• B) had all thirteen colonies participate in it.
• C) immediately assumed the powers of a central government.
• D) named George Washington as the commander in chief of the army.
• E) declared that the militiamen who had gathered around Boston were a full army.

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Definitions:

Supply of DVDs

This refers to the total number of DVDs available for sale, influenced by manufacturing output, demand, and distribution capabilities.

Equilibrium Price

The price at which the quantity of a good or service demanded equals its supply in the market, leading to economic balance.

Demand for DVDs

The desire of consumers to purchase digital versatile discs (DVDs), which is influenced by factors such as price, income levels, and the availability of alternative media.

Market for Corn

The economic market where corn is bought and sold, with its price determined by the principles of supply and demand.