<u>Effects of laissez-faire capitalism:</u>
- Laissez-faire capitalism allows companies to compete freely with each other in an open marketplace.
- Without costs of government regulation, businesses can grow faster.
- This leads to price increases for the consumer and the lack of diversification in the marketplace.
- Without restrictions from the government, there is more incentive for innovation, and technological advances can take place.
- This can result in a large wealth gap in a society with a few very rich people in control of the majority of the economy's wealth.
- Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system.
- Workers have more rights, and have a comfortable work environment.
- Lots of government involvement and regulation raises cost and slows growth.
The Federal Trade Commission works to prevent fraudulent, deceptive, and unfair business practices.
A federal agency, established in 1914, that administers antitrust and consumer protection legislation in pursuit of free and fair competition in the marketplace.
Answer:
3, The president was given the power to take any and all measures.
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The correct answer is - B. Economies around the world have become more interconnected because of globalization.
In the modern era, the globalization took a massive swing worldwide, and most of the countries became much more connected with each other through the means of economy. The main players of the globalization process are the big corporations which set affiliations throughout the world, and managed to gain many new markets for their ever growing production of goods. Apart from the likes of North Korea, Iran, Turkmenistan, and countries similar to them, most of the world is already or is heading towards the globalization trend. It is a process that has its supporters and critics, depending on the point of view, and to a certain extent both sides have good arguments for their claims.
Answer:
coz people were not as religious in the South
Explanation:
The south didn't believe them
