Yes because a tyrant can and will do whatever he/she wants. I'd rather die than be under the control of a tyrant. In a democracy, I feel like my voice is heard (however small).
Hope this helps!
Economics is the study of money output and input. So it would have to be A). The production,distribution and consumption of goods. Or B) because supply and demand is important in economics
Sherman’ antitrust law aimed at stopping monopolies especially, the famous New Hersey standard oil company was dissolved based on this law. This act aims at prohibiting any contracts, conspiracies in ‘restraint of trade’ and it proposed fair trade, it was a crime to create monopoly of a product under this law. This law actually helped small workers and encouraged fair competition between the businesses.
William Rockefeller established Standard oil Company in New Jersey, To give a tough opposition to his competitors, Rockefeller secretly discounted the shipping and transportation charges from railroads, he also formed a secret association with old refiners and bought their refineries at cheaper cost and started to produce more of crude oil.
It became a huge monopoly of supplying 90% of America with crude oil. These actions violated the Sherman’s antitrust law which prohibited Illegal monopoly.
A government is laissez-faire when it plays a relatively inactive role in the affairs of the state. Usually this applies most to the economic realm in terms of regulation.
The greenback party recommend easy currency.
