Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
The private property rights (b) are not a constitutional guarantee that underlies the american economic system.
Explanation:
The constitutional guarantees that hold the American economic system are private property rights and freedom from unlawful tax. The advantages to generators and users of the US Economic System include; independence of owning private property, generators working at their personal earnings, both users and generators can manage themselves,improved efficiencies and sufficient utilization of the accessible sources.
The free enterprise system has four features:
Commercial independence, Optional replacement, Individual assets, and the Profit Purpose. The free enterprise system may also be described as an economic system.
The statement which best articulates a non interventionist argument against American imperialism is ''American expansion exploits the people’s of other nations''
Answer: Option B
<u>Explanation:</u>
The American rule over the other countries through ways like trade, religion or may be with the use of military forces was not liked by the people of those countries because it led to the deterioration of those economies and the exploitation of people of those countries.
Therefore people of those countries did not like it because it led to the exploitation of their resources, economy, financially and there was too much interference in the working of the government of those countries also.
Here is what i wrote for my essay:
World War I was settled by the victors at the Paris Peace Conference in 1919. The “Big Four,” who made all the major decisions, were President Woodrow Wilson of the United States, Prime Minister David Lloyd George of Great Britain, George Clemenceau of France, and of least importance, Italian Prime Minister Vittorio Orlando. Each major power had its own agenda coming to the Conference and not every aim was represented in the final treaties.
Wilson, Clemenceau, and Lloyd George all had different points of view at the Paris Peace Conference. For instance, lloyd George of Britain wanted to build a postwar Britain "fit for heroes". British aims at the conference were focused on securing France, settling territorial disputes, and maintaining their colonial holdings. Clemenceau of France wanted to weaken Germany so it could never threaten France. Having witnessed two German attacks on French soil in the last 40 years, France’s main concern was to ensure Germany would not be able to attack them again, so they pushed to weaken Germany militarily, strategically, and economically. Wilson of the U.S. wanted "peace without victory" with his fourteen points. The Americans’ vision was set out in Wilson’s Fourteen Points, which emphasized free trade, self-determination, and the founding of a League of Nations to support territorial and political independence of member nations.
PLEASE LIKE AND RATE MY ANSWER
