3) Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.
4) The economic system in the US is <u>free enterprise.</u> Free enterprise is a principle that establishes the possibility for ordinary people to participate in the market without the need for authorization or approval by the State. If you have the possibility to open a company, sell a product and negotiate the price that is right for you, you owe it to the principle of free enterprise.
The government has a fundamental role in the economic system, such as legislating, placing wealth in the market, as well as inspecting these systems.
5) The price floor wage is the lowest wage a company can pay for an employee. It is established by law and is reassessed every year based on the cost of living of the population, its creation was made based on the minimum amount that a person spends to guarantee their survival.
The most common price floor is the minimum wage--a minimum price that can be payed for labor.
Answer:
Definitions
Explanation:
Biology, study of living things and their vital processes that deals with all the physicochemical aspects of life
Science, the intellectual and practical activity encompassing the systematic study of the structure and behaviour of the physical and natural world through observation and experiment.
Answer: A. The U.S. had the full support of the United Nations
Explanation:
And not only did they support the United Nations Security Council, but many UN members took part in actions led by the United States. After Iraq occupied Kuwait, all attempts at diplomatic negotiations failed. The United Nations has, on several occasions, tried to resolve the crisis peacefully, but Iraq has not backed down. Therefore, a war offensive was launched to expel Iraqi troops from Kuwait and the bombing of Iraqi military and civilian capacities. In just a few days, a US-led coalition managed to defeat Iraqi forces. This episode in history is known as the Gulf War.
Libel<span> is the written or broadcast form of </span>defamation( <span>the action of damaging the good reputation of someone; slander or libel).</span>
Answer:
You should rewrite this as it may have some plagirism
Explanation:
The art category for this image is cave art. This art was back in the stone age when men where doing drawings of the animals they saw. The french archaeologist Henri Breuil did this drawing in 1915 to show the environment and the life of art for men of the stone age. This drawing was published by the American paleontologist Henry Fairfield Osbom.
