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Rus_ich [418]
3 years ago
12

write a short paragraph in which you explain the terms laissez-faire, customs duties, and judicial review

History
1 answer:
emmasim [6.3K]3 years ago
7 0
Laissez faire refers to an economic system that has little government interference. Advocates of this system belief that the economy does best when government does not get involved. Instead of the government keeping an eye on businesses, this system focuses on different companies to keep each other in check through competition.

Customs duties refers to tariffs. A tariff is a tax on an imported good. This makes goods from other countries more expensive.

Judicial Review is the idea that the Supreme Court gets to decide whether a law is constitutional (legal) or unconstitutional (illegal). This power was granted to the Supreme Court thanks to the court case Marbury vs. Madison.
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<h3>Indigenous people faced following problem: </h3>
  • dependency on European goods
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<h3>Who are Indigenous people?</h3>

Indigenous People are distinct ethnic and cultural groups who share a collective connection to the land and natural resources they live on or from which they have been displaced.

To learn more about Indiginious people from the given link

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<h2>Answer:</h2><h2 />

There are two ways to solve a system of linear equations (equations representing a line) of two or more equations and find if there is a solution (or solutions) that satisfies all the equations in the system at the same time or <u>if there is not solution</u>.

1. Graphically, plotting the graphs of the lines and determining if they intersect and in which point.

2. Algebraically, combining the equations to delete each unknown except one, and then clear it.

In this context, a system of linear equations <u>has no solution</u> when the two lines are <u>parallel</u> and distinct, that is, they do not intersect or there is no intersection point.

Now, when two lines are parallel they have the same slope. We will be able to recognize it if we write the equation in the slope-intersect form:

y=mx+b

Where m is the slope and b the intersection point.

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The government raised about one-third of the money through taxes, including a progressive income tax. The rest of the money was through public borrowing by selling "Liberty Loan" and "Victory Loan" bonds.

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