What is the difference between a utilitarian and a libertarian defense of the free market?

History

1 answer:

ICE Princess25 [194]2 years ago

7 0

Answer:

Libertarianism and utilitarianism are in opposition to one another. In utilitarianism, individuals accept that an activity that produces satisfaction is the thing that one ought to go. Utilitarians could not care less whether what they are doing occupies someone else's privileges. While, in libertarianism, an individual's activity for bliss ought not to disregard someone else's rights. Libertarians’ esteem activities that advance reasonableness and equity in the general public dissimilar to the practical actions that now and again damages decency and fairness.

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Which of these best describes why a large percentage of farmers in the late 1800s had high amounts of debt?

ElenaW [278]

Hey there!

Many farmers had borrowed large amounts of money to pay for land and farm equipment, this would be the reason why a large percentage of farmers in the late 1800's had high amounts of debt, because they had borrowed alot of money.

The word (dept) means when you borrow alot of money, and when you have a hard time paying it back.

If I were to borrow $500 from a bank, and I only have $150, I would be able to pay what I need with that $500, but the thing is, I only have $150, this would mean that I would be in (dept) until I pay it off.

This is how it was with the farmer's in the late 1800's, they borrowed alot of money for there land and there equipment, but they couldn't pay it back

Your correct answer would be . . . .

 $\boxed{\boxed{Many \ farmers \ had \ borrowed \ large \ amounts}}$ . . . . .

$\boxed{\boxed{of \ money \ to \ pay \ for \ land \ and \ farm \ equipment}}$

Hope this helps.
~Jurgen

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