Answer:
These groups became the grassroots organizers of future sit-ins at lunch counters, wade-ins at segregated swimming pools, and pray-ins at white-only churches. By sitting in protest at an all-white lunch counter in Greensboro, North Carolina, four college students sparked national interest in the push for civil rights.
Explanation:
Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
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Randolph, leader of Black civil right movement canceled the March in Washington on 1941 because he was persuaded by his fellow leaders that it is not advisable to proceed. Then Pres. Roosevelt Issued the Executive Order 8802 and establishment of FEP. This actions of the president halted the supposed March in Washington.
Well.... to start with the "Recession<span>" Tops The </span>Great Depression<span>. When the stock market crashed in October 1929, it was only the beginning of a long period of economic decline and uncertainty that would last more than a decade. ... In 2011 those few years often where described as the worst economic crisis since the </span>Great Depression. But how do the two differ in a quick answer.<span> The </span>difference<span> between the two is that the unemployment rate in "The Great R</span>ecession"<span> was less severe than in "The Great D</span><span>epression"</span>
As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.
However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?
What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.
To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?
