USA trade intrests in the Mediterranean and the Atlantic were severely affected, and any effort to secure those intrests meant war. In addition, after the war, the world became polarised and the Soviets who were communists were aggressively expanding around the globe, which implied that American system of free trade and democracy was being threatened.
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- Capitalism is an economic system based on the following principles:
1) Little government interference in the economy- Capitalists belief that competition among businesses will help to keep prices low and will prevent them from acting illegally.
2) Individual freedom- In a capitalist system, individuals can spend their money on whatever they like.
3) Supply and demand- The amount of resources created by businesses is driven by the consumer. If there are products that people buy an extraordinary amount of, businesses will continue to produce it at a high rate. The opposite is true as well.
The government reconciles the needs of the community with the rights of individuals by determining the weight of the issue under question. When it is matters of national security for instance, the threat is greater to society which may necessitate that individuals give up certain rights to gain protection
Answer:
In respect to liberty, John Locke(influential philosopher of the enlightenment period) taught that the government has the responsibility of taking care of its people. This includes freeing them from oppression, guaranteeing them freedom, protection and opportunities.
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