A and DBecause the military did pay for your college and if you’re in college they can’t ship you off to war and they also did give you housing loans under a certain amount of money and I did pay your medical your medical care your medical bills if you get hurt and if you had any loans they would pay them off for you
3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
The stock market crashed in 1929 because investors had put too much capital into the stocks by borrowing large amounts of money that they did not truly have.
Answer:
Explain why the invention of rubber tires for bikes contributed to the rise of tourism. ... It was cheaper than using a horse - in fact there was a whole craze around using bikes. Bikes actually created the concept of better roads - for travel by bike, not cars, which were too expensive.
