one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
First <span>the capitalist world was in the great economic depression.
Second "</span><span>decline” took place in the 1970s and 80s during which the international competitiveness of U.S. commodities and capital decreased drastically.
Third </span><span>“decline” occurred during the recent financial crisis.
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Reasons Why
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* </span><span>first two “declines”, the United States entered a new stage of economic growth through reform and innovation. There are still lots of uncertainties whether the U.S. economy would be able to recover this time, but it seems certain that one, the United States has fallen from the peak of economic hegemony and it is unable to change the trend of plural development of the world economy in the 21st century even if its economy could resurge, and two, the U.S. economy remains strong and will witness a fairly long period of development in the wake of fresh scientific and technological revolution.
HOPE I HELPED</span>
Answer:
.Only state courts can hear civil cases.
Explanation:
One reason factory owners employed children because they were significantly cheaper than hiring an adult. "the child is paired one shilling or one shilling and six pence". This shows that it's more cost efficient to hire a child.
Another reason factory owners employed children because of their size. Here is a quote to support this "The smallest child in the factories were scavengers they go under the machine". This shows that if the child is smaller they can do more dangerous jobs than an adult.
Answer:
The new system of debit or credit (one of those) so deficit spending
Explanation:
