Answer:
justify monopolistic actions
.
Explanation:
They used this theory so they could strengthen their influence and their monopoly in the area where they had their dominance.
It was focused on the theory that the fittest are surviving and therefore that those who are having more influence and strength will prevail and thus enable their further prosperity.
I am not completely sure but I think it's 'agrarian'.
Legislation organizes society and protects citizens. It determines the rights and responsibilities of individuals and authorities that it applies to.
Ex) A law has little or no value if there is not discipline or enforcement. Legislation provides both.
For starters, he cut down taxes on companies. He believed that the companies could then increase salaries and create new job opportunities. People could also join the market easier and open their own companies since the taxes were smaller. With more companies in the market, the competition was greater, the prices and the products were better. Or at least that's how it was supposed to work in theory.
