Answer:
I am Adam Smith
Explanation:
Dear Karl Marx
I write to you to explain, respectfully, why your economic theories are wrong.
First of all, capitalism is not doomed to fail as you say. Capitalism is the best economic system we have developed so far. Capitalism allows the free movement of goods and services, and the accumulation of capital, which leads to economic growth, and the subsequent rise in the standards of living. You yourself recognize this fact.
Secondly, capitalism is not fundamentally unfair. It is true that entrepreneurs tend to earn more than workers, but this is because they risk more than them: they risk their capital and savings, and if the business fails, they could find themselves ruined and in debt.
Finally, I do understand that there are flaws with the system, and I support intelligent intervention to solve these flaws. But it is not socialism nor communism what will solve those flaws.
Sincelery, Adam Smith.
Answer:
It was an unwritten deal, that was informally arranged buy the U.S. congressmen, that settled the 1876 presidential election. It resulted in the U.S. federal government pulling troops out of the south, an also ending the reconstruction era.
Explanation:
hope it helps
<span>African Americans didn't request the privilege to vote at that time did not fully understand their rights and did not make any moves or even campaign to be allowed that right as citizens of the united states of America.
Also, The number of African Americans were more than the White people, if they really vote, and their elected representatives win most senate or other such positions the white people will have less impact in the affairs of the government.</span><span />
C because from their distance it was like no one was their
Answer: Prices
Explanation:
There are several ways to raise revenue from sales and one of them is to increase prices. With a higher price, more money will be paid per goods and if the cost is still the same, the increase in price becomes extra profit.
Increased prices however reduce the amount of money that consumers have after purchases so they do not like it when prices are increased. It reduces the amount of goods they can buy especially if their wages do not go up as well because they will have to spend more per good.
