The Tea Act would serve as to limit enforced inflation on tea stock internationally due to eased export, as well as to aid financially crippled British East India Company.
The Tea Act would also lead to tea prices being unfairly regionally based, rather than fairly marketed. Increased company profits don't necessarily stimulate economy.
Joseph Stalin was the powerful and ruthless leader of the soviet union from 1929-1953
The TET offensive
The offensive started in Vietnam new lunar year, known as lunar holiday. The north Vietnamese communist regime and the Vietcong, the rebel group that was fighting against the south Vietnam regime launched a series of attacks. the USA joined the war with an aim of containing the spread of communism as the North wanted to reunite with the south.
As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.
However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?
What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.
To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?
I think the best likely answer is because I'm in college and I have written Argumentative Essays is that the answer is all of those answers because 1 and 2 both apply to one another 3 and 4 well 3 is basically for every single one of your paragraphs but wait number 5 doesn't really count but number 6 does though so yeah my best answer is use numbers 1, 2, 3, 4, and 6. HOPE THAT HELPS!!
