Answer:
Profit Motive
Explanation:
The amount of a resource that producers, firms and economic agents are able and willing to provide to the marketplace is known as Supply. If the suppliers are receiving great incentive to produce more then they will increase the production and it will increase the supply. A business man's goal to earn profit is called profit motive. In free enterprise the profit motive allows the businesses to compete with each other.
Answer:
The main argument in the Communist Manifesto is that creating one class of people would end the problem of continuous class struggles and cycles of revolution between the bourgeois and proletariat classes, which never lead to true reform. Sep
Explanation:
Your answer would be C.Neither groups had true equality with whites
Answer:
C. The people, not the government, can best determine the structure of the economy
Explanation:
Adam Smith and David Ricardo are the fathers of economic Liberalism. They opposed mercantilism and the planning and control of the economy by the government. Under mercantilism, trade was controlled, one of the reasons was that the ruler was responsible for the well being of every subject, and had to protect them from the shocks of the economy. Liberalism opposed this idea, Smith argued that instead of controlling the economy, the government should let the market regulate itself.
For example, instead of stockpiling corn in case of a shortage, Smith argued that the government should sell the surplus and if there was a shortage, they would be able to buy food from other countries.
Answer:
The Federal Reserve System was established by Congress over a century ago to serve as the U.S. central bank.
Explanation:
The Federal Reserve's primary purpose was to enhance the stability of the American banking system.
