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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The Columbian Exchange spread different plants all over the world. It spread sugar cane, bananas, wheat, and coffee beans to the New World. It also spread maize, pineapples, tomatoes, and potatoes to the Old World. The Columbian Exchange brought horses, cattle, sheep, goats, pigs, and a collection of other useful species to the Americas. Before Columbus, Native American societies in the high Andes had domesticated llamas and alpacas, but no other animals weighing more than 45 kg (100 lbs).
When the Framers created a bicameral legislature, they created a system of checks and balances within Congress by requiring a bill to be passed in both chambers.
The structures, powers, and functions of the House of Representatives and the Senate are different, and these differences can affect the policymaking process: for example, by accelerating it or slowing it down, and by the extent to which bipartisan collaboration is or is not facilitated.
The Preamble of the Declaration of Independence is, "We hold these truths to be self-evident, that all men are created equal, that they are endowed, by their Creator, with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness."
John LOCKE's idea of natural rights were that of Life, Liberty and Property. He also believed all men were created equal. Jefferson uses the idea of natural rights in the preamble of the Declaration of Independence in the belief that all men are created equal, and are endowed with unalienable rights such as Life, Liberty, and the pursuit of Happiness.
Answer:
By virtue of its role in the tobacco trade, the Upper South produced over 40 percent of all colonial exports, followed by the Lower South, and the Mid Atlantic colonies. New England produced the smallest value of exports and did so with a much more diverse trade than the other regions.
Explanation:
