<u>Effects of laissez-faire capitalism:</u>
- Laissez-faire capitalism allows companies to compete freely with each other in an open marketplace.
- Without costs of government regulation, businesses can grow faster.
- This leads to price increases for the consumer and the lack of diversification in the marketplace.
- Without restrictions from the government, there is more incentive for innovation, and technological advances can take place.
- This can result in a large wealth gap in a society with a few very rich people in control of the majority of the economy's wealth.
- Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system.
- Workers have more rights, and have a comfortable work environment.
- Lots of government involvement and regulation raises cost and slows growth.
Explanation:
He subsequently used his newly invented telescope to discover four of the moons circling Jupiter, to study Saturn, to observe the phases of Venus, and to study sunspots on the Sun. Galileo's observations strengthened his belief in Copernicus' theory that Earth and all other planets revolve around the Sun.
The port authority of New York and New Jersey
Answer:
I would say E and/or F.
Explanation:
If someone is or was a member of the armed forces they have firsthand knowledge of what is going on in the military and knows what kind of leadership they need/want. Understanding government is also important because a good voter needs to know what position they are voting a person into.
Hello,
The two political parties are Democrats and Republicans
Hope this helps
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