PRO An economy based on the relationship between supply and demand promotes healthy competition. Companies strive to offer better goods or services than other, similar companies. If one company offers more extensive goods and its profit margins increase, then that inspires its competitors to get innovative so that they can retain or gain some of that market. This lively symbiosis is the backbone of free enterprise, and is a huge positive. Consumers gain when companies compete to offer more products or services in varied, often more efficient ways. Consider how the shopping industry drastically changed during the last 10 years with Amazon able to ship products directly to consumers, saving them money and time spent driving to a “big box” store.
CON That potential for profit is as alluring as it is dangerous. In order to maximize the highest profit margin, potential companies often resort to unethical or even illegal behavior. The 2010 Deepwater Horizon oil spill is arguably a symptom of such a mindset, because of rushing, that oil company caused a horrific natural disaster. Such behavior is detrimental to its employees, because a company is not paying attention to, safety protocols, for example. Rushing or not paying attention to safety protocols, can cause lives lost or at least caused sickness and injury. Free enterprise suffers when companies go completely unchecked and foster corrupt competition.
They are ethical issues.
This means creating a system that would identify right or wrong. Today there are many opinions that are very
divisive on several issues such as abortion, aids, capital punishment,
etc. Making the right decision requires
intensely crafting laws or policies that would satisfy these dissenting voices.
Answer:
d. watching children play in a park and recording their behavior
Explanation:
Naturalistic observation is one of the methods used in research by the psychologists. The subjects in this experiment are observed in their natural environment. The behaviors are then analyzed and examined to draw certain conclusions out of them. Such researches help in getting a better conclusion and idea about the reaction ad behavior of the people.
Answer:
Edward Hyde was the first governor of North Carolina colony
