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.
About as much as 60% of the indentured servants would die before being able to complete their contracts (which was often of 5 years). Although at first, some men were still able to claim some land after the years of work, in the 1660s, most of the good land was already claimed by large land owners. After Bacon's Rebellion in 1676, planters decided to stick with slavery instead of using the system that allowed them to abuse workers and become rich (by using a system that abused a person during that person's whole lifespan).
The role that tradition especially assigns to the Phoenicians as the merchants of the Levant was first developed on a considerable scale at the time of the Egyptian 18th dynasty. The position of Phoenicia, at a junction of both land and sea routes, under the protection of Egypt, favoured this development, and the discovery of the alphabet and its use and adaptation for commercial purposes assisted the rise of a mercantile society. A fresco in an Egyptian tomb of the 18th dynasty depicted seven Phoenician merchant ships that had just put in at an Egyptian port to sell their goods, including the distinctive Canaanite wine jars in which wine, a drink foreign to the Egyptians, was imported.<span>
Read more: Phoenicia, Phoenician Trade & Ships <span>http://phoenicia.org/trade.html#ixzz4OlpKoYqB</span></span>
Answer;
Nationalism convinced the people of Europe that their own nation could take on any military threat. This was a role nationalism played in the outbreak of world War I.
Explanation;
Nationalism reached a fevered pitch in Europe prior to the first World War. As a political tool, it was the belief that European technological, cultural, economic and military superiority was the cause for the subjugation of more backward economies and cultures.
The pan-Slavic nationalism inspired the assassination of Archduke Franz Ferdinand in Sarajevo in June 1914, an event that led directly to the outbreak of World War I.
Answer:
Women and people of all races may now be able to vote equal to a wealthy white man.
