Answer:
A. Federal Government is the correct answer.
Explanation:
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- The East India Company was a private company, and its primary purpose was to establish a slave trade network between Africa and India.
Not only goods but also culture was "traded" along trade routes. The Renaissance was a time period of new thinking. Trade influenced the renaissance because it gave Europeans a contact with other cultures that had perhaps developed newer or better techniques and technologies. For example, the Arabic states had advanced universities and had made great discoveries in mathematics.
The imperialists needed workers to work on the land that was colonized. The locals were not an option because they were often either insubordinate, or they were protected by the law. That's why having slaves to work in those colonies was great, which is why they got them from Africa.
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.
