one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
U.S. Bureau of Refugees, Freedmen , and Abandoned Lands was established by Congress to provide practical aid to 4,000,000 newly freed Black Americans in their transition from slavery to freedom.
Founded by Abraham Lincoln.
Answer: The pope alluded to this statement by Martin Luther.
Explanation:
This is how the pope metaphor addressed Martin Luther. Pope Leo X issued a papal proclamation in which he compared this Christian reformer to an animal because of the actions of Martin Luther.
The pope wrote in his announcement that the wild beast was treading on the vineyard of the church and was trying to destroy it. In this statement, the pope meant Luther but also all his followers.
The answer is that he thought they were responsible for the ills of Germany. Hope this helps!
