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.
He could post them on social media such as twitter and facebook. it would be better because so many people use social media outputs.
Playing a ball game with stone hoops.
Explanation:
In the Mesoamerican civilizations there was a game that was widely practiced and enjoyed. The origin if the game is not totally certain, though it has been suggested that it was the Maya that invented and started it off. It was a ball game. It was played in a rectangular field, where there stone hoops attached on the end of it, and the goal was to get the ball through the small hoops. On the sides of the field there were stone structure made for sitting, for the audience.
- The purpose of this game is not totally sure, and there are theories ranging from being religiously important, about dominance and pride, used for sacrifice, or just for entertainment.
- It is believed that, though speculated, that occasionally the game was played with human head instead of ball, and that the winning or losing team was sacrificed to the gods.
- This ball game probably gave the basis for the development of the most popular sport in the world, the football (soccer).
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<span>all thirteen states had to approve and Rhode Island voted no </span>