Private ownership, limited government involvement and private ownership are all characteristics of the market economic system. In a market economic system the prizes, the goods produced and who receives them is regulated by the market itself and not by the government.
Because they changed the world so it’s practically important hope this helps
Answer:
Explanation:
During the period William Howard Taft was Chief Justices of the Supreme Court, The following was achieved;
1. The Supreme Court struck down a federal law that barred goods produced by child labor from interstate commerce.
2. In Adkins v. Children's Hospital the the Supreme Court overturned a minimum wage law.
