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.
George Washington is the first president
Indentured servants- Indentured servants made up a significant amount of the labor force when England first colonized the North American continent during the early 1600's. These servants would work 4-7 years for a farm owner who paid for their trip to North America. After the term of service was up, the servant would receive a piece of land to start their own farm on.
Nathaniel Bacon- Bacon was a farmer in Virginia who was upset with the Royal Governor, William Berkley, because Berkley refused to protect colonists during their altercations with Native Americans. Bacon felt that poorer colonists were not cared about by Berkley. This is why he organized a group and rebelled against the governor and his rules.
Mercantilism- This is an economic system in which one country uses another country/territory for natural resources. This was the economic system established by England in the North American continent. The British colonies were used for their natural resources, as a means to sell manufactured goods made in Britian, and as a reliable trade partner. All of this was meant to benefit Britain.
Malcolm xwas a Black leader who, as a key spokesman for the Nation of Islam, epitomized the "Black Power" philosophy. By the early 1960s, he had grown frustrated with the nonviolent, integrated struggle for civil rights and worried that Blacks would ultimately lose control of their own movement.
When President Lincoln first proposed the Emancipation Proclamation to his cabinet in the summer of 1862, many of the cabinet secretaries were apathetic, or worse, worried that the Proclamation was too radical.