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.
Genghis kong was the leader that United China and lead forces to the Roman empire
A. Trails in which Nazi Leaders were charged with "crimes against humanity"
uniting average citizens and political leaders behind the idea of independence. Paine clarified moral and political arguments to encourage common people in the Colonies to fight for egalitarian government. Common Sense played a notable role in transforming a colonial dispute into the American Revolution
Answer:
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Explanation:
His goal was to create a united and indivisible France, equality before the law and to abolish prerogatives. Robespierre is best known for his role during the Reign of Terror, during which he oversaw the arrest and execution of numerous political adversaries whom he and his allies deemed to oppose the Revolution. Therefore, Robespierre was sent to the guillotine because it is he who is responsible for the reign of terror. He followed a policy of severe control and punishment. All those who he saw as enemies of the republic, members of his own party even who did not agree with his methods were arrested, imprisoned and tried by the revolutionary tribunal.
