Answer:
I am Adam Smith
Explanation:
Dear Karl Marx
I write to you to explain, respectfully, why your economic theories are wrong.
First of all, capitalism is not doomed to fail as you say. Capitalism is the best economic system we have developed so far. Capitalism allows the free movement of goods and services, and the accumulation of capital, which leads to economic growth, and the subsequent rise in the standards of living. You yourself recognize this fact.
Secondly, capitalism is not fundamentally unfair. It is true that entrepreneurs tend to earn more than workers, but this is because they risk more than them: they risk their capital and savings, and if the business fails, they could find themselves ruined and in debt.
Finally, I do understand that there are flaws with the system, and I support intelligent intervention to solve these flaws. But it is not socialism nor communism what will solve those flaws.
Sincelery, Adam Smith.
It is important to know there are good and bad bacteria because we can assume that all bacteria is either bad or good, this way know there are both could help us understand in the future what to look out for.
Texas Secession Convention ceded from the nation with the argument that it was against the principles of the state to follow the Republican government thus formed.
Explanation:
Texas Secession Convention was one of the main moments of the history of the US that led to the Civil war happening as Texas was a newer state that succeeded rather dramatically with its own governor forced to give up his place as he did not agree to the plan.
It was because the election of the Republicans to senate and Congress made them angry and they knew that the anti slavery sentiment as well as the imposition of tarries on the state were to be levied, the people in the convention wanted out of the deal.
