concept 1: All people are created equal
concept 2: All people have basic rights that cannot be taken away
concept 3: The government gets its power to make decisions and to protect rights from the people
concept 4: When the government does not protect the rights of the people, the people have the right to change or remove the government
(A)Loyalist were loyal to the crown and believed that America should not have independence so the answer is A
The declarations of the letter to the U.S. Congress by the economists concerning the bailouts are evidently specified the disagreement of the source of the letter about the GM bailout. The document stated that the bailout would disrupt the notion of free market in U.S. and that it will break the people who held in the free market (Velasquez, 2012). Also, the bailout and government interference will shift the free market economy into socialism (ibid). The economists and other parties which is convoluted in the making of the letter, sustained the free market economy. They do not approve on government interruption as it disrupts the mechanism of the market that is free of any interference particularly from the government. The sources of the letter thought that it was GM’s own accountability to bail itself out of the insolvency. The bankruptcy was a consequence of bad management of the company and it was its own accountability to resolve the matter. The interference by the government will move the market mechanism. The bailout will disturb the equal right of the people of life, freedom, and possessions as what John Locke’s notion. Furthermore, government meddling will also lower the public’s safety based on Adam Smith’s theory.
George Washington came from a very wealthy family, so I would assume so. His father came from wealth and married his housemaid.
