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.
Although the tenant/sharecropping system is usually thought of as a development that occurred after the Civil War, this type of farming existed in antebellum Mississippi, especially in the areas of the state with few slaves or plantations, such as northeast Mississippi.
Not all whites who emigrated to even the poorest parts of Mississippi in the years before the Civil War had the funds to purchase a farm. As a result, most of the men who headed these households worked as tenant farmers or sharecroppers. Many rented land from or farmed on shares with family members and typically received favorable arrangements, but some antebellum tenants or sharecroppers had to deal with landlords who were primarily concerned with making profits rather than helping struggling farmers move toward landownership.
Consider the sharecropping arrangement that Richard Bridges of Marshall County worked out with his landlord, T. L. Treadwell, in the 1850s. Treadwell provided Bridges with land, livestock, and tools; the landlord also advanced Bridges some food. Bridges grew corn and cotton, and at the end of the year, he had to give Treadwell one-sixth of the corn he grew and five-sixths of the cotton raised. From his share of the crop, Bridges also had to pay Treadwell for the use of the livestock and tools and for the food advanced. Obviously, Bridges worked the entire year primarily for the food he needed to live. He had no opportunity to make any money from this arrangement and accumulate the capital that would allow him to purchase his own farm.
Answer:
Common Sense, written by Thomas Paine and first published in Philadelphia in January 1776, was in part a scathing polemic against the injustice of rule by a king. 'Common Sense,' published in 1776, inspired American colonists to declare independence from England.
Explanation:
In 1933, Congress repealed Prohibition with the twenty-first amendment (D). This happened on December 5th and alcohol was officially legal on December 15th. It is the only amendment to have been ratifying state conventions, all other amendments have been ratified by state legislatures. Although alcohol only became legal on December 15th, people started drinking openly before this date.
Answer:
How did the Protestant Reformation impact the European Enlightenment? A. It required Christians to sign a social contract with the Protestant Church. ... It created a new Christian country with a republican form of government
