Answer: Free Market = usually a good way to run an economy.
Government can help a Free Market.
A Country's Standard of Living is determined by Productivity.
Prices of Good go up when government prints money.
There is a temporary tradeoff between unemployment and inflation.
Explanation:Smith never uses the term “capitalism;” it does not enter into widespread use until the late nineteenth century. Instead, he uses “commercial society,” a phrase that emphasizes his belief that the economic is only one component of the human condition.
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Answer:
King John
Explanation:
Following a revolt by the English nobility against his rule, King John puts his royal seal on Magna Carta, or “the Great Charter.” The document, essentially a peace treaty between John and his barons, guaranteed that the king would respect feudal rights and privileges, uphold the freedom of the church.
Answer:
yes
Explanation:
doing the lesson right now on edge
He gives his support to Panama in this way Panama would be an independent country, but later his independence Panama started to use the US ways or wanted a same system like US.