According to the concept of laissez-faire, prices and wages are best determined by the
A. federal government.
B. free market.
C. gross national product.
D. individual states.

Answers

Answer 1

Answer: Free Market

Explanation: The concept of laissez faire insofar as governmental involvement can be better understood when applied to a business situation such as this one. A laissez faire economy is built on fundamental concepts, including: The individual is the basic unit in society. The individual has a natural right to freedom.

Answer 2

According to the concept of laissez-faire, prices and wages are best determined by the free market. Hence, option B is correct.

What is free market?

Government intervention is absent in a free market, and supply and demand and voluntary exchange serve as the only pillars of the economic system. An essential component of free markets is the absence of compelled transactions or restrictions on transactions.

Economists define a free market as one where buyers and sellers transfer things voluntarily. Paying for goods at a certain price set by the agricultural farmer is a great example of an economic transaction.

When applied to a corporate scenario like this one, the idea of laissez-faire insofar as state intervention can be better understood. The essential tenets of a laissez-faire economy include: The individual is the primary element of society. A person's natural right to freedom exists.

Thus, option B is correct.

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Related Questions

What issue most concerned Hedrick?

Answers

Answer:

Slavery

Explanation:

Answer:

the issue that was most concerning to Hedrick was slavery.

Explanation:

Determine whether the following features belonged to Woodland Indians of the Northeast, Southeast Indians, or both.
1.
men in leadership roles


2.
grew tobacco for ceremonial purposes


3.
religion based on animism


4.
shelter was wigwams or longhouses

Answers

Answer:

1.  men in leadership roles

It belongs to both the Woodland Indians of the Northeast and the Southeast Indians.

2.  grew tobacco for ceremonial purposes

It belongs to the Woodland Indians of the Northeast

3.  religion based on animism

It belongs to both the Woodland Indians of the Northeast and Southeast Indians

4.  shelter was wigwams or longhouse

It belongs to the Southeast Indians.

Explanation:

there you go!

Explanation:

let me know If you guys need help with anything else I'm available everyday except Saturday and Sunday! have a great rest of your day!

List and explain the Spanish government’s reasons for approving Moses Austin’s plan for a settlement in Texas please hurry

Answers

Answer:

The Spanish government trusted him because he learned Spanish, and learned the laws, traditions, and customs of the Mexican people.

Explanation:

Which tribe was hardest hit by loss of land in the Reconstruction Treaties of 1866?

Answers

Answer:

Seminoles

Explanation:

Answer:

Seminoles

Explanation:

I've taken the test twice.

which of the following enabled farmers to grow more crops?

Answers

rotation and fertilization

The Silk road brought all of the following goods to China from central Asia EXCEPT:
a.
horses
c.
corn
b.
alfalfa
d.
grapes

Answers

Answer:

c corn

Explanation:

Just took the test got 100%

The Silk road brought all of the following goods to China from central Asia except corn.  Therefore, the correct option is C.

What is Silk road?

The Silk Road was a vast network of trade routes that connected the East and West from around the 2nd century BCE to the 14th century CE. It was named after the lucrative Chinese silk trade, which was a major commodity that was transported along the route.

The Silk Road stretched from China, through Central Asia, the Middle East, and into Europe, covering a distance of over 6,500 kilometers. It facilitated the exchange of goods, ideas, and culture between different regions and civilizations.

Except corn the Silk road brought all of the following goods to China from central Asia. Thus, the ideal selection is option C.

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which person most likely has grounds for suing the government for violation of first amendment rights?

Answers

Answer:

donald trump

Explanation:

hes a good guy

1. List and describe one political, one scientific, and one cultural legacy of the
classical Greek & Roman empires.

Answers

Answer:

what i wrote for my test was  

Explanation:

The roman empire was important during the political period of western civilization. For instance, they built the great highways for faster response time and swifter delivery of produce. The Greeks were able to build naval bases, trade across seas, and improve diplomacy. The Greek astronomers Pythagoras discovered the Moon was inclined to the equator of the Earth. Meanwhile, the roman empire discovering architecture, the potential of domes, and were introduced into Roman buildings such as temples, and palaces. the Roman Empire's cultural legacy is their democracy and how they organized their laws/government. the cultural legacy for the Greek is the way they discover scientific tools and technology.

Political legacy of the Greek and Roman Empires:

democracy and equity of laws

The Greeks had societies that were democratic such as Athens. The Romans then improved on this democracy to come up with a set of laws that they codified and applied to all their citizens.

Scientific legacy:

heliocentric model

A lot of people know how the Greek philosophers, Aristotle and Ptolemy, believed the Earth was the center of the solar system and the sun and other planets rotated around it.

It is however a less popular fact that the Greek philosopher, Aristarchus, came up with the heliocentric model where the sun was at the center and the planets orbited.

Cultural legacy:

architecture

Both the Greeks and the Romans built some impressive structures, some of which are still partly standing. This shows just how advanced they were for their time and provided guidance for the architects of today.

In conclusion, the Greeks and the Romans were great empires not only because of their strength, but for the things they left behind.

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Which of the following best defines absolute threshold?
A. The presence of stimulus for detection.
В. The absence of stimulus from detection.
C. The weakest amount of stimulus one can detect.
D. The greatest amount of stimulus one can detect.
Please select the best answer from the choices provided
0
A
B
Сс

Answers

Answer:

C. The weakest amount of stimulus one can detect.

Explanation:

Answer:

C) The weakest amount of stimulus one can detect.

Explanation:

edge 2023

GUYS I NEED HELP ASAP (I'll give you 30 pts)

In 150-200 words, name three advancements made by the Egyptians and tell how they impacted the culture.

Answers

I think is c to get a ride

i need help plz im on a timer

Answers

Answer: I would say A

Explanation:

Good luck

Answer:

A) She is admirable

Explanation:

He is explaining the beauty of her extensively

in a autocracy, what kind of power does a leader hold ​

Answers

Answer:

Explanation:

He holds all the power.

He holds limited power as an appointee.

He is one of a group that holds power.

He is only a figurehead.

It’s c

which of the following describes the loyalists?
• they thought King would protect the rights
• they made up a majority of the population
• they were composed of mainly African-American
• they had the support of the quakers
• they wanted to avoid being punished as rebels

Answers

Answer:

The first and fifth one should be correct

Explanation:

The loyalist supported staying with Britain.

Answer:

pretty sure they thought  the King would protect the rights

Explanation:

sorry if im wrong

Which of the following situations is the best example of voluntary migration?
A.
being physically forced to move
B.
having to move because of a natural disaster
C.
feeling like there’s no other option but to move
D.
choosing to move in order to work at a better job


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

The correct answer is D.  choosing to move in order to work at a better job

Explanation:

D is the correct option because it is the only one where someone has an option of moving. The person obviously has a job, but WANTS to move because he has a better option.

Option A is wrong. He or she is forced to move, meaning that someone made him/her.

B is also wrong because nature forced him to move. There is no other option.

C is also wrong. He/she has nothing to choose from. Moving is the only option.

Answer:

I just took the test the answer is D

Explanation:

D on edge 2020

What is the USS Maine in the saying "Remember the USS Maine?​

Answers

Answer:

The phrase, "Remember the Maine! To hell with Spain!" became a rallying cry for action. Although the Maine explosion was not a direct cause, it served as a catalyst that accelerated the events leading up to the war.

Explanation:

What was the only colony to sell stamps that taxed printed paper? _______________________________

Answers

The British colonies


Ps Vote Trump 2020

Which of the following was the main reason that Buddhist thought had important social implications for South Asia?
A
It encouraged larger family size.
B
Its followers were incorporated into the Brahman caste.
с
It challenged hierarchies based on caste.
s
D
It reinforced the idea of obedience to the emperor as a means to salvation.

Answers

The main reason why the Buddhist thought had important social implications for South Asia was because It challenged hierarchies based on caste.

The caste system is a rigid social differentiation of a group of people into various classes based on either lifestyle, occupation, social class, etc.

Therefore, in South Asia, Buddhism started to become prominent and one of its founding beliefs was spirituality and individuality, so it challenged those caste system already in place which had social implications.

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what words might Jefferson use to describe the "common man"?

Answers

Answer:

Smart or smart decision making

Intelligent

Powerful but sometimes dangerous when place in the wrong hands

Explanation:

Hope this kinda helps

What was the most important impact of the transition from the two-field system to the three-
field system?

Answers

The three-field system had great advantages. First, it increased the amount of land that could be planted each year. Second, it protected farmers from starvation if one of the crops failed

What did the Philosophes do better understand and improve society?

Dont use google for ANSWERS

Answers

The philosophers applied science to reform necessary things such as law, government and as I’m sure you guessed: society. They based their economic system on natural economic law. :)

Answer:

hope it helps..

Explanation:

They applied methods of science. They believed that the use of reason could lead to reforms of government, law, and society. The physiocrats claimed that their economic system was based on the natural laws of economics.

Place the following items in the order in which they occurred:
= Violent conflicts emerge over land and native peoples lose their traditional lands
= Contact between Colonists and native peoples leads to introduction of small pox and other diseases
E Jamestown begins to thrive and settlers and cavaliers need more land to grow tobacco
= Almost 90% of indigenous people die from diseases
19 20
21

Answers

2431 are how the answers go in order


Question 2
Henry Ford was involved in the production of oil!
O True
O False
Question 3
What 2 things did capitalists invest in?
o Electricity/Bessemer Process
O Railroads/Factories

Answers

Answer:

true or false?.........


Liberalism places individual rights above majority rule.
O True
False

Answers

Answer:

True

Explanation:

In the past, the Democrats would have said this is true. Most still do, but the Republicans have placed more and more emphasis on individual rights -- and it has not been carried out in a way that is entirely beneficial.

San Antonio becomes the capital of Texas in 1772.


Please select the best answer from the choices provided

T
F

Answers

Answer:

TTTTTTTTTTTTTTTTTTTTTTT

Explanation:

T

Answer: TRUE

Explanation:San Antonio becomes the capital of Texas in 1772.

What is 2+2 because this is epic

Answers

Well, the answer would be 4

Which of the following best describes a nation?
A. A government based on the ideas of individual liberty and
democracy
B. A powerful country capable of controlling a wide area
C. A group of people with a shared ethnicity, homeland, and culture
D. An organization of individuals who collectively invest in an
expensive business venture

Answers

Answer:

C

Explanation:

A. it cannot be this because not every nation is a democracy (ex: North Korea)

B. it cannot be this because not every country is powerful and large (ex: Vatican City)

D. it cannot be this because this is describing a business venture

Answer: C
Compared to the other answers this seems the most likely to be the answer.

1. What is the main idea of this passage?
a. The Greeks and Romans share a common history.
b. the Romans developed their identity by learning from those around them.
C. Italy is a harder place to live than Greece.
d. Romans learned to overthrow their kings from the ideas of the Greeks.

Answers

Answer: google just use google brainly sucks

The 1816 tariffs angered the South because they had very few factories and relied heavily on British imports true or false

Answers

Answer:

True

Explanation:

The answer is "true"

How does Colonial literature reflect the social political and philosophical ideas of the time?

Answers

Um I forgot how to do that ;-; so yea

NEED HELP HURRY!!! ( will mark brainliest :D)

Answers

Answer:

Sorry, But there is no question content.....

Other Questions
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