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MissTica
3 years ago
11

According to laissez-faire economists, what is the benefit of a free market?

History
1 answer:
-BARSIC- [3]3 years ago
5 0
In a free market, capitalists would reinvest in new business ...
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Answer:

U.S. Commodore Matthew Perry opened American trade relations with Japan in 1854. President Theodore Roosevelt brokered a 1905 peace treaty in the Russo-Japanese War that was favorable to Japan. The two signed a Commerce and Navigation Treaty in 1911. Japan had also sided with the U.S., Great Britain, and France during World War I.

During that time, Japan also embarked on forming an empire modeled after the British Empire. Japan made no secret that it wanted economic control of the Asia-Pacific region.

By 1931, however, U.S.-Japanese relations had soured. Japan's civilian government, unable to cope with the strains of the global Great Depression, had given way to a militarist government. The new regime was prepared to strengthen Japan by forcibly annexing areas in the Asia-Pacific. It started with China.

Explanation:

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most working women were young and unmarried

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2 years ago
Another advantage the British had were thinkers such as Adam Smith who made huge strides in figuring out how their economy worke
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Economics is a social science that studies how goods and services are distributed, consumed, and produced.

Option (c) is the correct answer.

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He was Scottish, an economist, and a philosopher. He wrote a book called The Wealth of Nations, which discussed how wealth is generated. He is widely regarded as the founding father of modern economics.

As a result, option (c) is not accurate that he was a driving force behind the American Declaration of Independence.

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