Answer:
The main advantages of the USA were:
A larger population, the USA had the majority of large cities of North America at the time, and a lot of immigrants, while the Confederacy was mainly rural, and not as populated. This larger population meant a more numerous army.
And a more powerful economy with some industry, which facilitated the production of arms and supplies for the military.
The disadvantage was that USA was the aggressor, and had to take up territory, while the confederacy only had to defend itself.
The confederacy main advantage was that as defenders, they knew most of the territory better, and had overall a more advantageous geographical position, at least at the start of the war. The main disadvantage for the Confederacy was precisely the smaller population -which means a smaller army- and the less developed economy, which was mainly agrarian, lacking almost any form of industry.
There are many theories to power, be they liberal, socialist or otherwise. Many have been developed over centuries of thought, which pick apart the very nature of our society and world order. But of all the theories that I’ve come across, one sticks out more than any other, and it is the reason I hold such strong free-market/anti-state views. It’s called Public Choice theory, but don’t ask me why, because it seems to explain why any one but ’the public’ makes choices today.
Public Choice theory is modern, having only really taken off during the 1960’s, but I believe it grants a very realistic and worrying view of Britain’s power structure, and exposes many very deep scars which socialism and Keynesianism unintentionally inflicted on our country. It was heavily developed by the US economist James Buchanan, who won the 1986 Nobel Memorial Prize for his work, and who advised Margaret Thatcher through the Institute for Economic Affairs during the late 1970′s.
Just like capitalism, Public Choice theory is based on two simple assumptions about human nature. Firstly, that humans are principally self-interested. That’s not to say we’re selfish, which is somewhat more immoral, but rather that we will always aim to fulfil our wants and desires, economic or otherwise. Secondly, that humans are rational; when presented with a series of options, we will select whichever makes us the most happy for the least cost. Rational Choice theory, as it is called, has come under substantial intellectual attack in the past, and I don’t personally believe that all humans act completely rationally all the time, but as a model for human behaviour, I’d say it provides a pretty good analysis.
Answer:
The government owns all production factors. Since the government fixes wages, workers lack the incentive to work faster or produce more. ... Some goals are better met by the open market, while others may be better achieved through government action.
Explanation:
Securities Exchange Commission (SEC) created to Regulate the stock market
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Explanation:</u></h3>
Securities and Exchange Commission was created to regulate the stock market of the USA. It stands as a watchdog which surveys over security transactions to stop fraud and deception. The main motto of the SEC is said to be the prevention of deceptive and manipulative fraudulent practices of the stock market and also the monitoring of the takeover of corporate companies in the financial market.
Generally, the issue of securities to investors happens over the internet or in the mail. SEC checks whether the firm selling such securities are registered with SEC or not. Registration with SEC ensures that the firm issuing such securities are not engaged in any fraudulent activities.
Answer:
checking
Explanation:
Checking accounts are designed for regular spending and immediate needs such as paying bills
