The cities with the largest populations in the Northeast are: New York City, Philadelphia, Hempstead, Washington, Boston, Baltimore...
Explanation:
The Northeast is the region in the United States that has the biggest population density. This region was one of the first that was inhabited by the European colonists, and it was the first one to industrialize. This resulted in lot of people settling in over time, and the cities were constantly growing, and they still do. It is an enormous megalopolis in fact, comprised of numerous cities and towns stretched in linear manner along the Atlantic coast.
- The largest cities in this region are New York City, Philadelphia, Hempstead, Washington, Boston, and Baltimore.
- The mentioned cities are the ones that individually have a population greater than half a million people.
- New York City is the largest of them with more than 8 million people, while Baltimore has just slightly more than 600,000 people.
- This part of the United States is considered to be as one of the richest, economically most developed, and being the center of the country in numerous things.
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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:
A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.
They both worked as nurses for the Union army.
