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.
These groups helped to settle Georgia. Many disliked the inability to have trade rum with Native Americans, trading with the Natives required a license (another tax), and how slavery was illegal (indentured servants were ok though). Mainly the malcontents disliked the no slavery rule. They also wanted large plantations. This led to most of the Malcontents to leave and settle in South Carolina. Their writings about how horrible Georgia was led to fewer settlers.
D. Tobacco, rice and indigo served as the major staple crops.
These three things were the main exports in the southern colonies during the 17th century. Especially tobacco, it made a ton of profit. :)
After winning power, the Jacobins sought strong leadership to face overwhelming challenges by. asking for direction from England's political leadership.
Answer:
The answer is B
Explanation:
By use of process of elimination.
