Answer: The invisible hand theory basically tries to convey that without any intervention, if all individuals in the economy act in their best self-interest, the result is automatically in the best interests of the economy. The results will always be better than those of a centrally planned and regulated economy.
Explanation: You're Welcome! ^^
From: Tetsuro Kurro ^^
The Monroe Doctrine was issued by President Monroe in 1823. At the time, the United States was not powerful enough to enforce the proclamation. When President Monroe issued the Monroe Doctrine he was merely describing an ideal world envisioned by the United States, where the Western Hemisphere could no longer be colonized by Europeans.
The answer is b.
<span>C) Collective bargaining ensures equality and protects the flow of business.
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Win for taxation policies--loss on reversing social welfare programs.
Reagan was able to reverse taxation and provide breaks for the upper classes to stimulate job growth and wages. However, programs like Social Security, Medicare and Medicaid were so heavily used he was not able to get rid of those programs.
Reagan wanted to return to a country with free trade, laissez-faire policies, and limited government influence in the economy. However, some of the New Deal and Great Society programs had become widely used especially by the ever growing elderly population. Reagan was not able to stop these programs without major repercussions to his elderly base.<span />
In the unification of the Mediterranean world.
