Answer:
Legalism believed that STRICT LAWS AND PUNISHMENTS would make states stronger.
It was a trigger that showed that there were two competing powers in Europe: Russia and Austria-Hungary (and their allies).
Franz Ferdinand was killed by a Serbian separatist and the Austrians wanted him to be punished. On the other hand, Russia supported Serbia is saying that Austrian demands ( to be allowed to search for the culprit inside Serbia) were too much.
This lead to a direct conflict between the two powers (Austria and Russia) and further lead to the war.
To recap, self-interest and competition are very important economic forces. Self-interest is the motivator of economic activity. Competition is the regulator of economic activity. Together they form what Adam Smith called the invisible hand, which guides resources to their most valued use.
Answer:
It could not make steady profits and faced bankruptcy.
Explanation:
B
