In a free enterprise system, what drives individuals to risk their savings in a business venture IS THE POTENTIAL FOR PROFITS.
In a free enterprise system, the forces of supply and demand is what determines what happen in the market, so there is a great potential for producers to make huge profits if they engage in producing the right products.The tendency of making profits is what makes many people to establish business in free enterprise system.
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The money a student spends on rent for his apartment while attending school is not an example of the opportunity cost of going to school.</h2>
Explanation: Opportunity cost is defined as the loss of potential profit from other option when one option is chosen. For each choice we make, potential gain is lost by choosing that alternative.
We invest in university expenses as we believe, it will pay off someday in the future. The people who graduate with a degree gets higher salary and get long term career than a student without a degree.
The nap a student could have enjoyed without attending class is not an example of the opportunity cost as investment in colleges offer much more return.
1.Research:Explore the websites provided to gather information on two landmark Supreme Court cases in order to compare the arguments for and against judicial restraint and judicial activism.
2.Write:Write an essay that compares and contrasts judicial activism and judicial restraint and presents your opinion on the debate surrounding these two philosophies.To get the best grade possible, follow the instructions in the assignment closely and answer all the questions completely. This assignment is worth 20 points.Use the provided websites to conduct research and answer the questions below. Your research will be critical to gathering the information necessary to write your essay. This section is worth 8 points.
1. Explain judicial restraint and the kinds of situations when it often comes into play. (1 point)Judicial restraint is where the judge limits the exercise of their own power and it comes into play when thejudge defers the issue to an elected official in the legislative or executive branches.
2. Explain judicial activism and the kinds of situations when it often comes into play. (1 point)Judicial activism is where the judge decides based on his/her opinion of what is best. These kinds of situations often occur when the judge tries to protect individual interests.
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3. Explain the main arguments for and against judicial restraint. (1 point)For judicial restraintAgainst judicial restraintThe Constitution can only be interpreted by strict constructionist approachThe Constitution or laws made by legislature can be bague and be interpreted in different ways.
Answer:
egalitarian societies, both tribes and bands value qualities such as generosity, bravery, and leadership. However, they are liberal in leveling and preventing excessive gaps in perceived abilities or resources (Fried,1967).
