In its purest form, a market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the governmen
The North and South were on different sides. The South fight to keep slavery, while the North fought to abolish slavery. It was mostly because of money. If the south were to lose there slaves, they would lose the money they get from the crops.
George's inference is an example of the "
Assumed Similarity Bias".Assumed
Similarity Bias is a psychological easy route
that leads us to the oblivious presumption that others share the same or
comparative qualities, considerations and convictions. We naturally accept that
others are much the same as we are, particularly with regards to the crucial
parts of our characters that are so fundamental we never at any point give them
a second thought.
Hope this helps! (I saved a picture so I can be quick to give the answer)
