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describes the ability of the British to play colonies against each other's export economies against each other, leading to a so-called "race to the bottom" where each colony undercut each other and drove down prices. Cutthroat competition Resource activism Tragedy of the Commons O Socialism

describes the ability of the British to play colonies against each other's export economies against each other, leading to a so-called "race to the bottom" where each colony undercut each other and drove down prices. Cutthroat competition Resource activism Tragedy of the Commons O Socialism

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describes the ability of the British to play colonies against each other's export economies against each other, leading to a so-called "race to the bottom" where each colony undercut each other and drove down prices. Cutthroat competition Resource activism Tragedy of the Commons O Socialism
Transcribed Image Text:describes the ability of the British to play colonies against each other's export economies against each other, leading to a so-called "race to the bottom" where each colony undercut each other and drove down prices. Cutthroat competition Resource activism Tragedy of the Commons O Socialism
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