one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
Answer:
I believe the rich have to pay a greater portion of their income in taxes than the poor.
Explanation:
According to Keynes' theory, when there is an economic crisis that dries out State accounts, the government should tax the rich to restore public investment. That policy would produce new jobs and consumption too. By then, the State will be prepared to ask everyone for paying taxes. However, it always has to be in regards to income, so you pay according to your own wealth. It is a social justice principle that can be found in any international code.
<span>B) communists in the United States would help the Soviets if there were an invasion.</span>
Answer:
Europeans profited from precious metals discovered in the New World.
Explanation:
The triangular trade was common in Europe during the colonies time and it consisted in trades on three different parts of the world, in the European part they´d send finished goods, like mirrors, sugar, textiles, or other products and they´d exchange them for slaves, that later would be traded in America for primary goods, like cotton, sugar canes or precious metals, that then´ would be traded back to Europe.
