3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
go online
Explanation:
and look up "Area calculator" and there should be one on there that's by calculator soup or something like that
Answer:
14th Amendment of the US Constitution
Explanation:
I wanna say this is the answer
Answer:
On 4th august, 1914 britian declared war on germany .The ww1 ended ww2 had begun. less than six years later ensuring peace that followed was labelled 'the peace to end peace ' as if to make this prophetic statement came true , hitlers armies invaded poland twenty years later , on 1st September 1939. two days later, Britain and france upheld their guarantee to poland and declared war on germany for the second time in 25years.japanese aggression in the far east and pacific ww2 into a global conflict by 12 December 1941.when ww2 ended ,it mourned the death of about 70 million victims and witnessed the introduction of the most feared weapon ever invented in the history of mankind - the nuclear bomb.
