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.
Making Christianity as the main religion of Rome was one of the factors that led to the downfall of the empire. The emperor was regarded as one of the gods before Christianity came then the aftermath of the change of religion made the emperor not credible to his own people. Rome was also headed by incompetent leaders both in the military and government. Then the divided empire was overthrown by barbaric tribes.
Pharaoh is another name for Egyptian King
Answer:
The U.S. played a substantial role in the evolution of the Mexican Revolution. It supported the anti-reelectionist movement, agreed with Bernardo Reyes and Félix Díaz's revolt against Francisco I. Madero, helped the revolutionaries defeat Huerta, and invaded Veracruz in 1914.
Explanation:
Possible answer: Its most significant consequence was the entrance of the United States into World War II. The US had previously been officially neutral but subsequently entered the Pacific War, the Battle of the Atlantic and the European theatre of war.
explanation: unsure of context
