Because of the Spanish American War (1898) the Philippines-American War (1899 - 1903), Hawaii became a strategic position for the ships sailing from the U.S. to the Philippines and on the way back as waypoint where ships could re-supply or make repairs. Even the still highly naval base of Pearl Harbor was established around this time, in 1899.
3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
<em>Abraham Lincoln, John Breckenridge, John Bell, And Stephen Douglas</em>
Explanation:
<em>Abraham Lincoln → National Union Party → Lincoln was morally opposed to slavery </em>
<em>John Breckenridge → Democratic Party → Had publicly declared his opposition to "impairing in any form" the legal protection of slavery.</em>
<em>John Bell → Democratic Party → Bell opposed efforts to expand slavery to the U.S. territories.</em>
<em>Stephen Douglas → Democratic Party → Douglas believed that popular sovereignty would defuse the tension between the proslavery and antislavery factions.</em>
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<em>I hope this helps!</em>
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