Answer:
Laissez-faire
One of the most influential ideas of the Gilded Age was laissez-faire (pronounced LAY-zay FAIR). From the French for “let them do [what they will],” proponents of laissez-faire policies, known as liberals, believed that the free market would naturally produce the best and most efficient solutions to economic and social problems. In other words, it was best to allow businesses to do what they wanted: trade freely, set their own prices, and determine workers’ wages and working conditions.
Liberalism, as it was known in the late nineteenth century, had a very different definition than it does today: instead of advocating for government intervention to solve social problems as today’s liberals do, liberals in the Gilded Age opposed most government intervention in the economy or labor relations. Libertarians are the closest equivalent to Gilded Age liberals in US politics today.
Laissez-faire combined the principles of limited government and the free market with some of the ideas of Social Darwinism. Applying Charles Darwin’s theory of evolution to human institutions, liberals believed that competition was necessary for progress. Any measures that interfered with complete freedom—defined as the freedom to buy and sell your labor and property any way you chose—were contrary to natural selection and impeded the march of civilization.
During the Gilded Age, this belief that laissez-faire capitalism produced optimal results for society came into conflict with the efforts of reformers and labor unions to rein in the influence of big businesses.
Answer:
There is a similarity between communism and capitalism.
Explanation:
One of the important similarity between communism and capitalism is both consider human beings as economic units. Like Marx all Communists believed that each person could be described by the forces of production and the role that person played in the economic system. How a man participates in the system to earn his living are defined by his social, political aspects.
Similarly, capitalism also looks human beings as economic units. A man is motivated by self-interest and wishes to earn more wealth. Thus, he plays a role in strengthening the economic system.
Answer:
Explanation:
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Answer:
c. the election and removal of members of the board
Explanation:
The board of directors of an organization ensures that the organization is well managed and that its finances are in a healthy state. In fulfilling these responsibilities, the board shall exercise appropriate supervision over the operations of the organization and ensure the legal and ethical responsibility of its employees and volunteers.
The correct answer is Armenia. It is a country that is
considered to be the South Caucasus region of Eurasia where it is located in
the West Asia on Armenian Highlands. It is known to be the first Christian country
for more than 1700 years ago that started in 301 AD.