The type of economy that is also known as capitalism would be a "market economy," and it would be "d. How should it be ensured that goods and services are paid for?," that is not a <span>key economic question, since the consumer "answers" this. </span>
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An important element of the mandate was that although the ruler had been given great power he also had a moral obligation to use it for the good of his people, if he did not then his state would suffer terrible disasters and he would lose the right to govern.
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Magna Carta was issued in June 1215 and was the first document to put into writing the principle that the king and his government was not above the law It sought to prevent the king from exploiting his power and placed limits of royal authority by establishing law as a power in itself
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