Analyze the Breakdown of Relations Between the Colonies and Great

question 67

Essay

Analyze the breakdown of relations between the colonies and Great Britain between 1763 and 1775. What were relations like prior to 1763? How and why did the relations change by 1775? Was the official break between the colonies and Great Britain in 1776 inevitable? Explain.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

ROCE

Return on Capital Employed; an economic metric that evaluates how effectively a firm uses its capital to generate profits.

Variable Costs

Expenses that shift in direct proportion to the amount of production or sales, like labor and materials.

Fixed Costs

Costs that remain consistent for a company irrespective of how much goods or services it produces.