Answer:
I am Adam Smith
Explanation:
Dear Karl Marx
I write to you to explain, respectfully, why your economic theories are wrong.
First of all, capitalism is not doomed to fail as you say. Capitalism is the best economic system we have developed so far. Capitalism allows the free movement of goods and services, and the accumulation of capital, which leads to economic growth, and the subsequent rise in the standards of living. You yourself recognize this fact.
Secondly, capitalism is not fundamentally unfair. It is true that entrepreneurs tend to earn more than workers, but this is because they risk more than them: they risk their capital and savings, and if the business fails, they could find themselves ruined and in debt.
Finally, I do understand that there are flaws with the system, and I support intelligent intervention to solve these flaws. But it is not socialism nor communism what will solve those flaws.
Sincelery, Adam Smith.
The tensions over the slavery caused conflict in America primarily because of the different political views on the matter, as well as the economy.
The North wanted to modernize, and to follow the example of the European countries that abolished the slavery, thus they wanted the slaves to be freed, and to be equal citizens in the society. Also, the North was industrialized, so they were really not dependent on slaves to keep their economy going.
The South wanted things to remain the same. They did not wanted the slavery to be abolished, but instead to remain as it is. The economy of the south was largely based on the plantations with different types of crops. Big portion of the work done on the plantations was done by the slaves, so if they were freed, that would mean that the plantations would either be left without enough laborers, or the former slaves would have demanded wages that would lower the profit of the plantation owners.
This disagreements eventually led to a bloody conflict, which ended up with a win for the North.
Unequal treaty, in Chinese history, any of a series of treaties and agreements in which China was forced to concede many of its territorial and sovereignty rights. They were negotiated during the 19th and early 20th centuries between China and foreign imperialist powers, especially Great Britain, France, Germany, the United States, Russia, and Japan.
Answer: Hewo, there! Your answer is Below
Steel Is the industry Henry Court and Henry Bessemer both worked in
Explanation:The Bessemer process was the first inexpensive industrial process for the mass production of steel from molten pig iron before the development of the open hearth furnace. The key principle is removal of impurities from the iron by oxidation with air being blown through the molten iron.
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I think it reflects republicanism because the first amendment is mostly of peoples right.
