He was the governor of Georgia
Answer:
Marx believed that this class conflict would result in the overthrow of the bourgeoisie and that the private property would be communally owned. The mode of production would remain, but communal ownership would eliminate class conflict.
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By “inflation is like taxation without legislation” Morgan Friedman meant like inflation gets new money into economy and raises revenue, does not mean that it is a part of the legislation.
<u>Explanation:</u>
Inflation means rise in the prices of the goods and services of the economy at a continuous rate. With the increase in the prices, the revenue of the government also increases and new money also comes in to the economy, just like tax is a source of revenue for the government. But this does not mean that inflation is a part of the legislation or a part of the law, like the taxes are a part of the legislation.
The federalist papers tried to convince people to ratify the United States constitution. The Federalist papers consist of eighty-five letters written to newspapers in the late 1780s. These letters were written by Alexander Halminton, James Madison, and John Jay asserting that the proposed system would preserve the Union and empower the federal government seeking to act coherently in the national interest
The correct answer is C) Adam Smith, since this philosopher considered free competition as the most suitable means of economics; That is to say, it considered important the establishment of a free market as well as free competition.
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