The correct answer is The Wealth of Nations.
This novel was written by Adam Smith, a famous economist and philosopher. In it, he described what a nation's wealth is, and how to achieve it, which makes it instrumental for the Free Enterprise system as we know it today. Before this book, it was much different.
Abraham Lincoln was a Republican until he pointed it out. US president’s improbable claim made during roundtable discussion on Venezuela.
But for Lincoln’s death, there might have been some postwar investigations of the profiteers who supplied the Union Army with lousy war materiel. Soldiers in the field complained about leaky boots, spoiled meat, and biscuits that, when unpacked.
Lincoln abhorred slavery, a position that led him to the Republican Party. Once a Republican, his broader philosophy made its mark on the party. Lincoln was attracted to the party by his unwavering faith in the ideas espoused in the Declaration of Independence, even when faced with civil war. Lincoln was a moderate in a radical party.
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Answer:
D.) Changes were occurring too rapidly
Explanation:
The conversion of the world's largest economy controlled by a state into a market-oriented economy has been extraordinarily complicated. The policies chosen for this difficult transition were liberalization, stabilization and privatization. These policies were based on the neoliberal "Washington Consensus" of the IMF, the World Bank and the United States Department of the Treasury.
The liberalization and stabilization programs were designed by Yeltsin Deputy Prime Minister Yegor Gaidar, a 35-year-old liberal economist bent on radical reform and well known as a "shock therapy" advocate. The shock therapy began days after the dissolution of the Soviet Union, when on January 2, 1992 the president of Russia Boris Yeltsin ordered the liberalization of foreign trade, prices and currency. This meant the elimination of price controls of the Soviet era in order to attract goods to empty Russian reserves. The legal barriers of the private market and manufacturing were removed, and subsidies for state farms and industries were cut while foreign imports were allowed on the Russian market, thus trying to put an end to the power of the state owner of local monopolies.
