3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
They both aim at reducing the barriers which exist between the two organizations and this is with the aim of promoting trade
Explanation:
<span>The term "Seminole" is a derivative of "cimarron" which means "wild men" in
Spanish. The original Seminoles were given this name because they were
Indians who had escaped from slavery in the British-controlled northern
colonies. When they came to Florida, they were not called Seminoles as
they were actually Creeks, Indians of Muskogee derivation. The Muskogean
tribes comprised the Mississipian culture which were temple-mound
builders. Among the Muskogean tribes were the Creeks, Hitichis and
Yamasees of Georgia, the Apalachees of Florida, the Alabamas and Mobiles
of Alabama, and the Choctaws, Chickasaws and Houmas of Mississippi.
<span> The Origins of the Seminoles
The original Seminoles came to Florida because it was controlled by the
Spanish, who had no interest in returning slaves to the British. They
were mostly Lower Creeks who spoke the Mikasuki language, but other
Indians, including Yuchis, Yamasees and Choctaws who had confronted
Ponce de Leon and DeSoto, also joined the tribe in their trek to
northern Florida from Georgia during the early 1700s.
</span> By this time, many of the tribes in Florida, including the Tequestas,
Calusas, Apalachees, Timucans and others, had been decimated by the
Spanish presence, either in battles or by diseases such as smallpox. Out
of an estimated 100,000 native Americans that occupied Florida during
the 1500s, less than 50 survived.
In 1767, Upper Creeks from Alabama, who spoke the Muskogee language,
settled in the Tampa area. Shortly after this, in 1771, the first
recorded usage of the name "Seminole" to denote an actual tribe was
recorded. In 1778, the Seminoles were joined by more Lower Creeks and a
few Apalachees.
<span> The Five Civilized Tribes
Together with the Choctaws, Chickasaws, Creeks and Cherokees, the
Seminoles were called "The Five Civilized Tribes." The name was coined
because these tribes in particular adopted many ways of the white
civilization. They lived in cabins or houses, wore clothes similar to
the white man and often became Christians.
</span></span>
Answer:
In that case, the Court ruled that the 1923 Texas state law was unconstitutional, because it allowed the state Democratic Party to racially discriminate. After the case, most Southern states ended their selectively inclusive white primaries.
