Explanation:
The only way white southerners could produce & pick cotton to meet the needs of the consumer, was by owning slaves. The more slaves, the more cotton produced & picked. All the profits went to the slave owner who in turn; provided awful housing, food, and water,(this made the slave owner richer). Same is true regarding minimum wage, the harder one has to work for their paycheck, the more business owners make for themselves.
Answer:
Rutherford B. Hayes
Explanation:
Rutherford B. Hayes was the 19th President of the United States.
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:
Paine's explained that "America should have independence from England".
Explanation:
