The main way in which mercantilism increased the likelihood of conflicts between European powers was that it led to dispute over who could trade where, and disputes over the trade agreements themselves, since every country wanted the "best deal".
The declarations of the letter to the U.S. Congress by the economists concerning the bailouts are evidently specified the disagreement of the source of the letter about the GM bailout. The document stated that the bailout would disrupt the notion of free market in U.S. and that it will break the people who held in the free market (Velasquez, 2012). Also, the bailout and government interference will shift the free market economy into socialism (ibid). The economists and other parties which is convoluted in the making of the letter, sustained the free market economy. They do not approve on government interruption as it disrupts the mechanism of the market that is free of any interference particularly from the government. The sources of the letter thought that it was GM’s own accountability to bail itself out of the insolvency. The bankruptcy was a consequence of bad management of the company and it was its own accountability to resolve the matter. The interference by the government will move the market mechanism. The bailout will disturb the equal right of the people of life, freedom, and possessions as what John Locke’s notion. Furthermore, government meddling will also lower the public’s safety based on Adam Smith’s theory.
Answer:
Unites People
Explanation:
The Muslim religion is supposed to unite people together to form a more peaceful world. Everyone should treat each other with respect and kindness, and by following the lessons taught in the Qur'an, they can form a better world. They should all prostrate to Allah and live simple yet pious lives.
Answer:
Explanation:
Taizong’s main argument was that it is important for a country to maintain balance between military production and production of consumption goods
in order to survive and attain prosperity. Where it is necessary for a
country to be well equipped militarily, it is also important that it produces
consumption goods as well for instance food.
Answer:
A monarchy is a dangerous form of government.
Explanation:
Thomas Paine's "Common Sense" is a political pamphlet that argues for the American colonies' right to be independent of the British crown. The book would become the crux of the American revolt against the British authority.
In his book, Paine presents an argument supporting the thirteen colonies and their right to be free of British authority. He discussed how the monarchy, in general, and all monarchy in particular, is a dangerous form of authority or governance that one can be put under. He declares that <em>"a thirst for absolute power is the natural disease of monarchy."</em> Furthermore, he added, <em>"monarchy and succession have laid (not this or that kingdom only) but the world in blood and ashes. ’Tis a form of government which the word of God bears testimony against, and blood will attend it."</em>
Thus, the correct answer is the third option.
