<u>Answer</u>:
The free enterprise system encouraged the American economic growth in the 1800's by gaining wealth.
<u>Explanation</u>:
The Free Enterprise system led to the rise of industries. The United States government took a different approach to regulate its business. This approach was called free enterprise. This also eventually led to technological innovations.
The main motto of this system was "Let people do as they choose". Supporters of free enterprise system believed that the government rather than interfering in the economy, should protect their private property rights and maintain peace.
The British largely permitted this as it was capable of bringing wealth in the country and their North American colonies would develop. Thus, large amount of availability of labor, natural resources like coal, iron and the government policies help the rise of industries during late 1800s.
Answer:
How and when did the United States begin to extend its influence in Latin America? investing heavily in Latin America, soon replacing Europe as a source of loans and investments. What was the impact of U.S. involvement in Panama? States was granted a strip of land, where it built the Panama Canal.
Explanation:
Latin America–United States relations are relations between the United States of America and the countries of Latin America. Historically speaking, bilateral relations between the United States and the various countries of Latin America have been multifaceted and complex, at times defined by strong regional cooperation and at others filled with economic and political tension and rivalry. Although relations between the U.S. government and most of Latin America were limited prior to the late 1800s, for most of the past century, the United States has unofficially regarded parts of Latin America as within its sphere of influence, and for much of the Cold War (1947–1991), actively vied with the Soviet Union for influence in the Western Hemisphere.
By definition, the word "scarcity" is an economic problem which mainly revolves around on the idea that the limited resources a state has are not sufficient in providing the needs of the people. In addition, one of the measures done by the government to address this problem would be to by "<span>choosing options that best match supply with demand."</span>
