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.
Thomas Jefferson
Drafting the Declaration of Independence in 1776 became the defining event in Thomas Jefferson's life. Despite Jefferson's desire to return to Virginia to help write that state's constitution, the Continental Congress appointed him to the five-person committee for drafting a declaration of independence. That committee subsequently assigned him the task of producing a draft document for its consideration. Drawing on documents, such as the Virginia Declaration of Rights, state and local calls for independence, and his own draft of a Virginia constitution, Jefferson wrote a stunning statement of the colonists' right to rebel against the British government and establish their own based on the premise that all men are created equal and have the inalienable rights of life, liberty, and the pursuit of happiness.
Through the many revisions made by Jefferson, the committee, and then by Congress, Jefferson retained his prominent role in writing the defining document of the American Revolution and, indeed, of the United States. Jefferson was critical of changes to the document, particularly the removal of a long paragraph that attributed responsibility of the slave trade to British King George III. Jefferson was justly proud of his role in writing the Declaration of Independence and skillfully defended his authorship of this hallowed document. :) It was a pretty big deal.
Assuming that you are referring to the territories of today's Mexico, formerly know as <em>New Spain</em>, here is the paragraph:
As Hernan Cortes campaigned throughout the first continental lands of America, the idea that many Spaniards, probably even himself, harbored was that of founding Spain all over again in the newly found and conquered lands. A mix of nostalgia and pride for the Motherland, Spain, must have prompted the <em>Conquistadors</em> to name the cities and provinces they founded after cities and provinces already existing in Spain. One reason for using already familiar names had to do with the difficulty of pronouncing the original names of the places given by the native people, the other one had to do with a sense of control, since most people hold the belief that naming things bestows them with a degree of control over them. And yet another reason may have been the comfort of living in places named after their old home towns and provinces the Spaniards had come from.
The option is b, I hope this helps you!
<span>This is true. The republican party is the one that fought for a change and supported the end of slavery. The democrat party supported slavery and eventually the civil war came and the slavery era ended under president Lincoln who was a Republican until his assassination in 1865.</span>
