Answer: Free Market = usually a good way to run an economy.
Government can help a Free Market.
A Country's Standard of Living is determined by Productivity.
Prices of Good go up when government prints money.
There is a temporary tradeoff between unemployment and inflation.
Explanation:Smith never uses the term “capitalism;” it does not enter into widespread use until the late nineteenth century. Instead, he uses “commercial society,” a phrase that emphasizes his belief that the economic is only one component of the human condition.
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Answer:
Both posters use fear that the conflict will reach American shores to motivate the public to support the war effort.
Explanation:
The French Revolution and American Revolution had some similar aspects; however, there are a lot of differences between these two wars. A main difference is the context of the war. The American Revolution was caused by a majority of the Americapopulation becoming unhappy because of how the British were ruling them.
Answer:
1. a tariff to protect and promote American industry; 2. national bank to foster commerce; 3. and federal subsidies for roads, canals, and other "internal improvements" to develop profitable markets for agriculture.
Explanation:
This "System" consisted of three mutually reinforcing parts: a tariff to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other "internal improvements" to develop profitable markets for agriculture. Funds for these subsidies would be obtained from tariffs and sales of public lands. Clay argued that a vigorously maintained system of sectional economic interdependence would eliminate the chance of renewed subservience to the free-trade, laissez-faire "British System." In the years from 1816 to 1828, Congress enacted programs supporting each of the American System's major elements. After the 1829 inauguration of President Andrew Jackson's administration, with its emphasis on a limited role for the federal government and sectional autonomy, the American System became the focus of anti-Jackson opposition that coalesced into the new Whig party under the leadership of Henry Clay.
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