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:
The correct answer is A. As a result of 20th century Supreme Court rulings, symbolic political speech gained substantial protections from government regulations.
Explanation:
Symbolic speech is a term that describes communicative situations in which the message transmitted is not literally expressed by the interlocutor. This type of speech is covered by the First Amendment implicitly.
Rulings such as Tinker v. Des Moines, United States v. O'Brien, Texas v. Johnson, and Cohen v. California expanded the protection of this type of discourse, including it within the protections of the First Amendment to freedom of expression.
For example, in the case Texas v. Johnson, it was established that the burning of an American flag involved a case of symbolic speech, so it should not be subject to prohibition by any type of law.
The invention from Song, China that had the greatest influence on the spread of learning was paper and printing. This helped to get the public interested in reading.
People in most European nations believe that the war that started in August 1914 would end quickly because each nation believed it had superior military forces and strategies.
Answer: Option D
<u>Explanation:</u>
World War I which broke out in 1914 between the central powers and the allies almost lasted for 4 years and caused great destruction in terms of life and property. But originally when it started most of the European nations believed that it will be very short lived and would get over in very short period of time.
Their believed was depended on the trust that they had on their country's military forces and its strategies. People in Europe were confident of the victory of their nations and believed that within few months this war will be over.
