Approximately 200 people are working on developing a new community just outside a major city. unlike other communities in the area the development will feature innovative amenities such as solar powered houses bike baths and small locally owned stores. the decision to include these amenities is an example of which factor of production?

With these amenities what they are doing is creating business in this new market in order to obtain profit, this market could change the living style in the residents, each one these ideas would solve a problem on the growing community, this factor of production is called entrepreneurship.

the committees of correspondence were the american colonies’ means for maintaining communication lines in the years before the revolutionary war. in 1764, boston formed the earliest committee of correspondence to encourage opposition to britain’s stiffening of customs enforcement and prohibition of american paper money. the following year, new york formed a similar committee to keep the other colonies notified of its actions in resisting the stamp act. in 1773, the virginia house of burgesses proposed that each colonial legislature appoint a committee for intercolonial correspondence. the exchanges that followed built solidarity during the turbulent times and bring about the formation of the first continental congress in 1774.