The declarations of the letter to the U.S. Congress by the economists concerning the bailouts are evidently specified the disagreement of the source of the letter about the GM bailout. The document stated that the bailout would disrupt the notion of free market in U.S. and that it will break the people who held in the free market (Velasquez, 2012). Also, the bailout and government interference will shift the free market economy into socialism (ibid). The economists and other parties which is convoluted in the making of the letter, sustained the free market economy. They do not approve on government interruption as it disrupts the mechanism of the market that is free of any interference particularly from the government. The sources of the letter thought that it was GM’s own accountability to bail itself out of the insolvency. The bankruptcy was a consequence of bad management of the company and it was its own accountability to resolve the matter. The interference by the government will move the market mechanism. The bailout will disturb the equal right of the people of life, freedom, and possessions as what John Locke’s notion. Furthermore, government meddling will also lower the public’s safety based on Adam Smith’s theory.
The correct answer to this open question is the following.
First, we have to clarify something. This is not the correct statement for the question.
The correct question should be read like this: "Explain the significance of Alan Freed renaming race music as rock-and-roll music."
Now, we can comment on the following.
Alan Freed was a famous disk jockey in the 1950s, The significance of Alan Freed renaming race music as rock-and-roll music was that this change allowed him to promote this modern music in different publics, including the white youngsters that immediately fell in love to rock and roll.
What he successfully did was to take the black musicians that played rock and roll like Little Richard and Chuck Berry, to the massive white audience that had the money to buy records and buy tickets. And sell records and tickets he did, because he promoted r&r music and produced many concerts in different venues.
Based on the historical account, the person that received the right to land grants in Texas as a result of the State Colonization Law of 1825 is Stephen F. Austin.
- This is evident in the fact that Stephen F. Austin got the recognition of the empresario grant from the then independent state of Mexico.
- He is also known to have taken about 300 families to settle in Texas.
- Though, Stephen Austin's father' Moses Austin had received the land grant to settle in Texas in 1820.
However, it was until after the State Colonization Law of 1825, that Stephen Austin received the land grant and finally settle there along with some other Anglo families.
Hence, in this case, the correct answer is option D. "Stephen F. Austin."
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socialism is a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
The People's Republic of China (PRC) was established on October 1, 1949. However, an assessment of Chinese communism cannot begin there. It must begin about 30 years earlier, because the preceding years shaped the PRC as a communist state. Chinese communism has had a remarkable continuity of leadership. Mao Zedong (W-G: Mao tse-Tung, 1893-1976) and his colleagues were party members in the 1920s. Mao was instrumental in establishing an early form of Chinese communism in the years 1928-34. He helped to develop it and create the military and political strategy in the Yenan years of 1935-45 that won the civil war in 1949. He then went on to mold communist China and ruled it - in his last years at least in name - until his death in September 1976.
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New England colonists’ lives revolved around religion
