Answer:
The economy runs better without governmental involvement.
Explanation:
In the Wealth of Nations, Adam Smith lays out a very robust theory about how the economy works, this is why many economists consider him to be the Father of the economic science.
Adam Smith's main thesis was that people, acting own their own interest, were guided by the invisible hand, leading to positive results that benefited the whole of society, even if that was not the main goal of economic actors in first place (their main goal being furthering their own interests).
For this reason, Smith thought that most government intervention was unecessary, since according to him, economic actors tended to self regulate in the market, and to produce an optimal result for society. He did justify some government intervention though: in the military, in the judicial system, and in some basic social services in order to care for the poor, the elderly, and the sick.
socialism is a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
The People's Republic of China (PRC) was established on October 1, 1949. However, an assessment of Chinese communism cannot begin there. It must begin about 30 years earlier, because the preceding years shaped the PRC as a communist state. Chinese communism has had a remarkable continuity of leadership. Mao Zedong (W-G: Mao tse-Tung, 1893-1976) 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 in the Yenan years of 1935-45 that won the civil war in 1949. He then went on to mold communist China and ruled it - in his last years at least in name - until his death in September 1976.
hope that was helpful
Answer:
Spain announced an armistice on April 9 and speeded up its new program to grant Cuba limited powers of self-government.
But the U.S. Congress soon afterward issued resolutions that declared Cuba’s right to independence, demanded the withdrawal of Spain’s armed forces from the island, and authorized the use of force by President William McKinley to secure that withdrawal while renouncing any U.S. design for annexing Cuba.
Explanation:
