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babunello [35]
3 years ago
13

c) Explain ONE way in which the adoption of laissez-faire economic policies led to an increase in the share of global manufactur

ing for states in Europe and North America.
Business
1 answer:
Alinara [238K]3 years ago
8 0

Answer:

Laissez faire economics advocates for less government regulation and intervention. Extreme laissez faire views dislike all types of taxes and controls.  Of course something like that will never happen, but different economic policies favor certain laissez faire views.

For example, during the 1800s, many politicians believed that business owners were entitled to exploit their workers in order to make higher profits. As a result of these types of policies, 14 or 16 hour long labor days were common, no safety regulations existed, and the wages were not high. Since governments didn't regulate labor markets, businesses were able to benefit form this and increase total production.

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Noah drinks Dr. Pepper. He can buy as many cans of Dr. Pepper as he wishes at a price of $0.50 per can. On a particular day, he
Nadusha1986 [10]

Answer:

$0.85 and three cans

Explanation:

Data given in the question

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7 0
3 years ago
For which of the following businesses would the job order cost system be appropriate? a.oil refinery b.canned soup processor c.l
attashe74 [19]

Answer:

The correct answer is letter "C": lumber mill.

Explanation:

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<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.

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A method managers use to evaluate the resources at their disposal and manage or alter them to achieve competitive advantage is r
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Answer:

Resource View

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