The best describes to Robert Owen's political ideology and its impact to business is that Owen was a businessman and social activist, he sought to bring in new utopian ideals for business and local communities in in 1799 when he acquired at New Lanark, Scotland, the cotton mills which he made famous. He rejected the competitive business system but he urged the merits of a cooperative system in which “one man’s gain” would not be “another man’s loss”
Answer:
very important
Explanation:
Trade between two agents or countries allows the countries to enjoy a higher total output and level of consumption than what would have been possible domestically. Canada and Mexico can each specialize in the good they have a comparative advantage in and exchange with one another.
Democratic Party favors government regulation of the economy and favors high taxes for high income earners.
