<u>Answer:</u> Slaves or Gold
<u>Reasoning:</u> The yellow line is Africa's line, marked as "Slaves, gold"
3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
Yes many degrees of freedom coexisted in the seventeenth century North-America which i will be discussing below:
Explanation:
Slaves: In the seventeenth century, African slaves were brought to Jamestown this was in the year 1619. These slaves faced all manner of discrimination and were forced to harvest tobacco. They had the least amount of freedom.
Indentured Servants: These set of people had to work for their masters for a certain amount of time before they are freed, after serving their masters, they would be allowed some sort of freedom to go and own land and also live in America.
Women: In the seventeenth century, Women did not have a lot of job options like their male counterparts, they were mostly house makers and raised children. just a few middle class women were able to work as bakers, washing cloth etc.
Property Owners: These people are able to cast vote and they have freedom and have many privileges.
Puritans: The Puritans in their search for religious freedom had travelled to America and were free to practice.
