The answer to the given question above is the third option: William The Conqueror is a strong ruler who made sure to keep more power than his nobles. William The Conqueror is also called as William The Bast*rd. He was greedy and violent for it is the way of life that he was exposed to since he was 8 years old but he was also a great soldier and ruler with many ideas and he is also very organized. At a younger age, he was crowned as the first Norman <span>King of England until his death.</span>
Answer:
1.) A business might want to use a bank in order to build up savings to buy or upgrade something in their place of business.
Ex: I want to buy new computers and printers for my employees.
2.) The Federal Reserve is the central banking system of the US. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.
As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.
However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?
What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.
To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?
Both cultures faced anti capitalist views while over throwing the monarchy of Britain and of Frances king
they both wanted democracy and sought for change for the freedom of people, free market which created the mix economy agenda
