A free-market economy works well only without the government’s interference.
Adam Smith's theories are the basis for free-market capitalism and is the model of early capitalistic systems.
The Wealth of Nations lays out the economic theory of capitalism based on a free-market. As Adam Smith describes a free-market, the government should not interfere or regulate trade for the best results. When the government keeps their hands off the economy, large amounts of wealth can be earned and new businesses can grow with private investment and competition. Gilded Age capitalism is an example of free-market without government regulation. It produced unbridled wealth but also a large gap in social classes. Smith argues that is a necessary consequence to create motivation and competition.
Answer:
3
Explanation:
the narrator is someone outside of the story because the story never say "I" as in "I thought."
and it's in third person.
His main contribution was the idea of the New Jersey plan which sought to solve the problem of state representation according to the size of the population. It was rejected but many parts of it were included in the Connecticut compromise which made a bicameral government with many parts from Paterson's plans.
The three-fifths compromise was an a compromise regarding the size of the population based on the number of slaves in the state. This was important when it came to determining the size of representation in the house of representatives because of how slaves would be counted. The compromise established that each slave would count as three-fifths of a full citizen.
They believed that the president would have too much power and that they could eventually become tyrannical similarly to how kings were in Europe. They feared that other parts of the executive branch would not dare disagree with the president out of fear.
Publius was a pseudonym used by <span>James Madison, Alexander Hamilton and John Jay when they wrote their federalist papers. They wrote as such to present as if they were talking as the people who have issues and who are united under these issues.</span>
Answer:
True.
Explanation:
Laws bring order to Society
Henry the navigator is the correct answer
