one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
Answer: Spanish Inquisition, (1478–1834), judicial institution ostensibly established to combat heresy in Spain. In practice, the Spanish Inquisition served to consolidate power in the monarchy of the newly unified Spanish kingdom, but it achieved that end through infamously brutal methods. The rise of the Spanish Inquisition
Explanation:
<span>The term Renaissance, literally means "rebirth" and is the period in European civilization immediately following the Middle Ages, conventionally held to have been characterized by a surge of interest in classical learning and values.</span>
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Chinese communism has had a remarkable continuity of leadership. Mao Zedon <span> and his colleagues were party members in the 1920s. Mao was instrumental in establishing an early form of Chinese communism in the years 1928-34. He helped to develop it and create the military and political strategy</span>
