During the 1858 senatorial campaign in Illinois, there was a series of 7 debates between the Republican Lincoln and the Democrat Douglas. They were mainly about the extension of slavery into the territories.
Question: What were the key issues in the Lincoln-Douglas debates?
Answer: Lincoln did not want to see slavery expand. Douglas believed in popular sovereignty.
Answer:
The French Revolution of 1789, while based on the ever-growing popular Enlightenment ideals put forth by philosophers such as Descartes, Voltaire, and Diderot, ultimately failed because the change in regime created a severe power vacuum. This allowed radicals to seize power and sow chaos within France.
Explanation:
The correct answer is A.
Starting a new business, as any investment project, entails a certain level of risk. Even tough an entrepeneur is able to develop a product that he believes would be attractive for consumers, there are many aspects that should be examined before deciding to start a business: market environment (number of competitors, elasticity of the demand, profits obtained in the industry), or inner factors (type of technology needed, how to produce efficiently, human resources policies, etc).
Even tough many things can be studied and plans and strategies need to be defined, there are factors which are unpredictable and can lead a firm to bankruptcy: a global economic crisis starts, there is a rise in input prices, there is a sharp decline of the demand on the product, etc. <u>This uncertainty (risk) makes entrepeneurship highly volatile, very large profits can be earned but also heavy losses can be incurred. </u>
