I need help on this What is the fancy speech POTUS gives to the nation and assembled government leaders called and why is it necessary?

State Of The Union Address

Explanation: It is necessary because it updates people on whats going on in the government.

monopolies  came to the united states with the colonial administration. the large-scale public works needed to make the new world hospitable to old world immigrants required large companies to carry them out. these companies were granted exclusive contracts for these works by the colonial administrators. even after the american revolution, many of these colonial holdovers still functioned due to the contracts and land

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~blake