3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
the right answer is a
I hope it is helpful for you
Answer:
Peyton Manning was 36.
Explanation:
The 36-year-old quarterback Peyton Manning chose to sign with the Broncos in 2012.
Answer:
Because they believed that the devil was acting through witches and they believed that the devil was acting in their territories.
Explanation:
The New England region promoted many adverse situations for the colonists. The cold climate, the conflict between two native tribes in the region and the spread of smallpox cases made Puritan settlers believe that the devil was close to the region and that he would continue to act negatively on their lives.
For them the devil was able to act through witches and as the population was facing many problems (in addition to the many deaths that occurred), they began to distrust each other, which initiated a vast and crazy search for witches and signs of witchcraft in the population.
The answer is A (Minoan palace)
Hope that helped!
