Answer:
Supporters of Laissez faire believe that this type of system promotes more incentives to trade and economic growth, in addition to encouraging freedom among companies.
Supporters of economic intervention, on the other hand, believe that the intervention promotes fairer and more equitable trade and allows new companies to become as influential as old companies, which will promote economic growth.
Explanation:
Economic intervention allows the government of a country to impose limits and interference in trade and the productive sector. These limitations prevent economically strong companies from dominating an entire productive sector, promoting more commercial fairness and allowing new companies to emerge in addition to allowing small companies to grow in the same sector as large companies.
Laissez Faire, on the other hand, discredits any government intervention in trade and this imposes freedom on companies and industries, which will allow full production and vast economic growth.
Technologies, the use of science to create machines or pieces of equipment for use
Answer: Fiat money
Explanation:
The paper money that is used in the United States is the Federal Reserve Notes. It should be noted that the Federal Reserve Note is an example of a fist money.
Fiat money refers to a government-issued currency and it should be noted that this isn't backed by a commodity. Through fiat money, the central bank can control the economy. Majority of modern paper currencies, are fiat money. e.g dollar, pounds etc.
Answer:
a return to conditions as they were prior to the war.
The slavery known to Africans prior to European contact did not involve a belief in inferiority of the slaves. Most slaves in West Africa were captured in war.
