The correct option is A.
Adam Smith's opinion on laissez-faire economics holds that government should contribute very minimal intervention to business entities. Under this set up, the government allow private firms to make their own decisions about what to produce, how to produce and for whom to produce. One of the benefits of laissez-faire is that it discourages inefficiency and corruption of maximum government participation in business. It also encourages entrepreneurs to have incentive to work hard and create products that consumers wants.
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Mercantilism was an economic theory and practice used by Europeans in the seventeenth and eighteenth centuries to increase the wealth of a nation or empire. This was done by acquiring gold and silver and maintaining a favorable balance of trade, in which a country exported more than it imported. Mercantilism encouraged European countries to colonize both the Americas and Africa under the promise of wealth and richness due to the many raw materials and natural resources that existed in the Americas and Africa.
European countries wanted to expand their wealth by exporting raw materials from colonies. Mercantilism motivated the Spanish crown, the British monarchy, and the French monarchy, among other nations, to found colonies to acquire resources and create markets for their goods.
Under the theory of mercantilism, colonies were allowed to trade only with the home country.
Mercantilism was the economic system that many European countries used in the 16th, 17th, and 18th centuries. It is based on the accumulation of wealth by exporting goods and limit imports with the use of taxes.
Answer:
He argued that the essential natural (human) right was “to use his own power, as he will himself for the preservation of his own Nature that is to say of his own Life"
Explanation:
The National Labor Relations Act, passed under President Franklin D. Roosevelt in 1935, allowed for the following:
1) "The right to bargain as a group"- This concept is known as collective bargaining, as it represents an entire group of individuals within the same company coming together to negotiate for certain conditions/benefits.
2) "The right to form unions"- Before this time, business owners could punish individuals for joining a labor union. However, the national government made this action illegal, giving individuals the freedom to join a union without worrying about repercussions.
3) "The right to go on strike"
The answer is A. They were members of an ancient North American people of the southwestern.
