Neoliberalism supports laissez-faire economics. In other words, an economy in which their private parties can realize transactions between them without government intervention. It also supports free-market capitalism which beliefs in private ownership of entities and the operation of them in order to make a profit.
Adam Smith is the economist behind this ideology. In his book: "The Wealth of nations" he strongly criticized mercantilism, government subsidies, and the licensing of monopolies.
<em>Privatization programs go in line with this current of thought and have dominated world politics in the western hemisphere during a great part of the 20th century until nowadays.</em>
Answer:
Concrete operational thinker.
Explanation:
Dee has now become a concrete operational thinker because she has now grown to think more rationally.
This stage by Piaget is the 3rd in his theory of cognitive development. Dee is now mature enough to use logical reasoning. From what we can see, her thinking is now more concrete and sophisticated. But she can only apply this logic to physical objects.
The correct answer is that Reserve banks are <u>regional banks</u> that help the <u>central bank</u> to carry out its duties.
<u>Summary: </u>Due to the United States economy represents a very large geographical area, <em><u>the Federal Reserve</u></em> operates in <em><u>twelve regions or districts throughout the nation.</u></em> Those districts are located in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York, Philadelphia, Richmond, San Francisco, and St. Louis. Every district has three main responsibilities:
1. Supervise the implementation of the<em><u> Federal Reserve's</u></em> monetary policy.
2. Provide financial services and lend money to regional banks within its district.
3. Collect and analyze data to be used by the<em><u> Federal Reserve Board (FRB) or the Federal Open Market Committee (FOMC).</u></em>
ok, what is the question?
