Governments should be based on the consent of the people.
Answer:
C self-interest in a free market to thrive.
Explanation:
Adam Smith (1723-1790) was a Scottish philosopher and political economist and one of the fathers of laissez-faire economics. He is the author of the famous work An Inquiry into the Nature and Causes of the Wealth of Nations. Smith is a supporter or free markets, arguing that the best economic system is one based on individual self-interest that in the end, will produce good to all. Smith maintained that such an economy will correct its deficiencies by "the invisible hand" of the market.
The bitter battle between <em>Theodore Roosevelt </em>and his successor<em> William H Taft</em> led to the formation of a third party, called <em>Progressive</em> or <em>Bull Moos</em> <em>Party</em>. This split from the Republican party resulted in the election of the Democratic contender, Woodrow Wilson, in 1912.
President Roosevelt groomed and mentored Taft to be his successor in the White House. Taft got elected for president in 1908 but his administration was rather conservative, and in direct conflict with Roosevelt's progressive version.
Disappointed with Taft, Roosevelt ran for president again in 1912 but he could not find enough supporters among Republicans. This resulted in the split and the forming of a new political party, the Progressive.
I the end, and as the result of the split, the Democrat Woodrow Wilson won the election.