Granger laws were declared as an unconstitutional because they tried to have control over the interstate commerce, which was the federal government's responsibility by Gibbons v. Ogden. Granger Laws were laws that were passed in multiple midwestern states in US. These states include Iowa, Minnesota, Illinois, and Wisconsin.
Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
The preamble to the Declaration of Independence establishes the philosophical and political underpinning to the new nation's decision to sever its ties to Great Britain. In the preamble, Jefferson calls on Enlightenment philosophy to explain why the new country is justified in breaking away from Great Britain.
Answer:
These surfaces radiate heat, causing air temperatures around the city to rise. Even after the sun sets each day, the surfaces hold onto their heat, making it more difficult for the temperature in the city to decrease.
Explanation:
Answer:
Option: A period of scientific achievement and artistic triumph where people believed that all problems and mysteries could be solved by the application of Reason.
Explanation:
Enlightenment was an intellectual movement that controlled the ideas in Europe during the 18th century. Thinkers began an intellectual journey indicating the reason, skepticism, individualism, and science. Enlightenment science greatly valued experimentation and rational thought with reasons and scientific experiments. Some of the famous scientific persons were Copernicus, Kepler, and Newton.
