Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
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One reason why the U.S. economy grew in the 20th century was A. The United States became an industrial leader.
<h3 /><h3>Why did the U.S. economy grow in the 20th century?</h3>
Thanks to an abundance of resources available to Americans, the U.S. was able to produce so much that they became an industrial power.
This fueled the growth of the U.S. such that the economy became one of the largest in the world by the 20th century.
Options for this question include:
A. The United States became an industrial leader.
B. The United States suffered heavy losses in World War I.
C. The United States cut off trade with foreign countries.
D. The United States continued to use the gold standard
Find out more on U.S. economical growth at brainly.com/question/19409052.
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Answer:
we use 18 pound use cheaper mix and 7 pound of expensive mix
Explanation:
we consider here
food 1 = x
and food 2 = y
so
total cost of food 1 is = 0.14 x
total cost of food 2 is = 0.39 y
total cost when mix (x+y) is = 25 × 0.32 = 8
we know here x + y = 25
so y = 25 -x
so adding total cost
0.14 x + 0.39 y = 8
put here y value
0.14 x + 0.39 ( 25 - x) = 8
x = 7 pounds
and
y = 25 - 7
y = 18 pounds
so we use 18 pound use cheaper mix and 7 pound of expensive mix