Answer:
The Social Contract Theory
Explanation:
The ethical questions of the price and the wage arent unique to work/labor theories of the value. These ethical questions have been closely associated with Locke and the labor theory of value in both the economics and political philosophy literature. Hope This Helps!
Answer:
Yes
Explanation:
Gadsden's Purchase provided the land necessary for a southern transcontinental railroad and attempted to resolve conflicts that lingered after the Mexican-American War.
Answer:
The 1918–1919 influenza pandemic stands as one of the greatest natural disasters of all time. In a little over a year the disease affected hundreds of millions of people and killed between 50 and 100 million. When the disease finally reached Australia in 1919 it caused more than 12,000 deaths.
<span>Cartels could fix prices and sell at a loss to strangle out competition. Then raise prices afterward which would cover all previous losses.
They could generate income by horizontal integration which would be possibly controlling all retail sales of a certain product.
They could also generate income through vertical integration which meant owning a large portion of the industry (possibly mining) which provided the raw material, the means of production (factories, for example), the means of transporting the product to market (rail roads for example), and even owning the means of selling the product(s) (retailing). They could set the price and costs all along the way. They could also exploit their workers by being the 'only show in town' and therefore setting wages low and working hours high. If a vertically integrated company had to show their books to government auditors they could try to make a case to show a small advantage over competitors at each level of their operation which would come out overall as a major advantage which could put others out of business.
A couple of industries to look at would be the railroads and oil. People to research: Andrew Carnegie, J. D. Rockefeller and other industrialists/robber barons. A student may want to read the works of some of the 'muckrakers' of the era.</span><span>
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Answer: C
Explanation:
Contrary to popular legend, educated Europeans of Columbus’ day did believe that the world was round, as argued by St. Isidore in the seventh century. However, Columbus, and most others, underestimated the world’s size, calculating that East Asia must lie approximately where North America sits on the globe (they did not yet know that the Pacific Ocean existed).
