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What theory of economics believes that government should not play a role in business and supports the laissez-faire principle of free to do?
Capitalism which was proposed by Adam Smith
What role is government in capitalism?
They get to choose to control everything.
What role did the rise of trade play in the renaissance?
The rise of trade during the Renaissance significantly contributed to the period's cultural and economic revival. Increased trade routes facilitated the exchange of goods, ideas, and knowledge, leading to greater wealth for merchant classes and the patronage of the arts and sciences. Cities like Florence and Venice became centers of commerce and culture, fostering innovation in art, literature, and philosophy. This flourishing trade environment ultimately helped to shift focus from feudalism to a more modern, market-driven economy, paving the way for the advancements of the Renaissance.
What is the government role in a capitalism society?
The state has several roles to play in capitalism. Firstly, it exists to protest the interests and power of the capitalist class against the working class. Also, since capitalism is a fairly anarchic system in some ways, a political establishment is required to bring some order to what would otherwise be a very unstable situation politically and economically.
What is the role of supply and demand in pure market capitalism?
Supply and demand both dictate the price of the goods sold in capitalism
What role did the rise of capitialism play in the renaissance?
It didn’t play a role at all. Capitalism is a modern idea and it will be another 500 years before it is a valid philosophy.
What role did the crisis play in Harlem renaissance?
it helped promote the Harlem Renaissance
What role did Venice play in the Renaissance?
Venice main role during the Renaissance was trading with foreign countries and improving the knowledge of the citizens.
How did bankers play an important role during the renaissance?
they didnt
What role did the Renaissance play on launching an age of exploration?
penisland was the cure.
What role did the partons of the arts play in the development of Renaissance ideas?
they payed artists
Did women and common people play a role in the Renaissance?
common people really didn't have a part in the renaissance because it was driven by the wealthy.
What role did the military play in Caesars rise of power?
Gh
The flood of gold and silver from Spain's new world empire into europe after 1500 played a large role in the?
rise in capitalism and modern merchant banking.
In what country did antisemitism play an important role in the rise of totalitarianism?
Germany
What event did max weber trace to the social invention of capitalism?
Max Weber traced the social invention of capitalism to the Protestant Reformation. He argued that the Protestant work ethic, particularly in Calvinism, played a significant role in shaping the values and behaviors that led to the rise of capitalism in Western societies.
What role did the renaissance play in lauching an age of exploration?
it helped Kathy Freeman shot to fame
