Europe. With their opium and ability to control the Suez canal. Opium war and such.
<u>Answer:</u>
Yes, it is possible to balance the pursuit of private goods over public goods and this balance is a desirable goal.
<u>Explanation:</u>
The pursuit of private goods over public goods can be balanced with the help of various government policies and taxes. This balance is a desirable goal in order to maintain the economic growth of each strata in the society. It enables the below poverty line strata to have access to the basic necessities. Though private goods provide fast economic growth, public goods offer the wholistic growth of the economy.
The revolution of 1848 benefited Louis Napoleon so much. When the election for Presidency was held, he filed a candidacy and won the election which made him the President of the Republic. The revolution of 1848 meant the end of the rule of King Louis Philippe.
They kept wages low and labor unions from being successful.
