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:
C
Explanation:
William the Conqueror led the Norman Conquest in 1066.
Answer: B) The Organic Theory
Details:
The Organic Theory of geography -- or maybe more accurately, of geopolitics -- was proposed by German geographer Friedrich Ratzel in 1897. He suggested that nations function similarly to living organisms. The controversial part of his theory was that the way a living organism takes in nourishment to grow and thrive, strong nations naturally will nourish and expand themselves, taking in weaker nations or cultures around them. Ratzel coined the term "Lebensraum" (German for "living space"), which originally, in his view, meant the space for a strong nationalist culture to grow. His writings came only a few decades after the German Empire had been reborn as the "Second Reich" (second kingdom), a renewal of the older "Holy Roman Empire" of German states as they were linked together in the medieval era. Ratzel's ideas about "Lebensraum" later were picked up by Hitler and the Nazis as a justification for expanding German territory and taking over neighboring countries. Germany's expansion under the Nazis as the "Third Reich" led to World War II in Europe.
The correct answer for the question that is being presented above is this one: "Oliver Cromwell led the Parliamentarians."The was the Puritan government after Charles I's execution, lasting until the Restoration in 1660. it was <span>Oliver Cromwell led the Parliamentarians."</span>
The statements referred by the question are:
a) It convinced the United States to dismantle its nuclear weapons.
b) It proved that a naval blockade was not an act of war.
c) It showed Cuba that communism should be stopped.
d) It brought the world dangerously close to nuclear war.
The correct statement is D. Historians agree the Missile Crisis was the closest the world got to have a nuclear war between the U.S. and USSR. Nothing before or after this came as close to be direct aggression from one of these countries against the other.
Statements A and C never happened: the U.S. has nuclear weapons until today, and Cuba didn't give up on communism.
Statement B doesn't fit the facts around the Missile Crisis. The naval blockade didn't lead to war only because the U.S. was defensive.
