Answers:
<u>Adam Smith
</u>
- Competition is a regulatory force.
<u>Friedrich von Hayek
</u>
- Less government intervention gives people more economic freedom.
<u>Milton Friedman</u>
- Government should not control the money supply.
<u>John Maynard Keynes
</u>
-
Government intervention is necessary for stability.
Explanation:
Adam Smith's landmark work on <em>The Wealth of Nations </em>(1776) argued against government control of commerce and advocated for competition between business as a self-regulating sort of force.
Friedrich von Hayek's 1944 book <em>The Road to Serfdom </em>was an influential work of classical liberalisn in economics (what today we'd more likely call libertarianism).
Milton Friedmen was skeptical about the value of the Federal Reserve controlling the money supply.<em> Capitalism and Freedom </em>is a collection of his influential essays, published in 1962.
John Maynard Keynes proposed that increasing government expenditures and lowering taxes would stimulate demand and pull the economy out of a state of depression. His approach was adopted by President Franklin D. Roosevelt's New Deal program, which sought to bring the United States out of the Great Depression.
One of the ways in which China affected Japan's political development is that it was a land of great natural resources--meaning that Japan's rulers often would launch invasions into China to gain materials and land.
Answer:
6)true for sure
Explanation:
cause all the force put on the sharp tool will have more effectiveness and stronger
well it also depends on what task
and for 5 I think it's true too
Answer:
A. Colonists threw barrels of tea into Boston Harbor.
Answer:
C. Plantation owners depended on slave labor.
Explanation:
The free labor of slaves was the only way the plantation owners could make enough cotton to meet the demand for it. This divided the country because not everyone supported slavery.