Adam Smith's economic theory advocated
A) government intervention in order to control the flow of bullion through extensive tariff systems.
B) the use of a controlled money supply as a means of limiting inflation.
C) that governments avoid regulation in favor of the operation of individual initiative and market forces.
D) the institution of state-controlled guilds to fix standards of production and wages.
Ans: C) that governments avoid regulation in favor of the operation of individual initiative and market forces.
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The original settlers of the Japanese islands were the
a. Koreans b. Ainu c. Mongolians d. Melanesians e. Chinese
The leaders of the Convention hoped to hold off invading counterrevolutionary forces by
A. handing over their most radical leaders for public trial. B. forming a military alliance with the new American republic. C. using new military technology purchased from the Ottomans. D. restoring the power and position of the French monarchy and thus placating the other nations. E. calling for the levée en masse.
Northern African-American slaves had plenty of opportunities to increase their connections to African culture
Indicate whether the statement is true or false.
What characterized the American economy of the 1920s?
a. a desire for foreign imports over domestic products b. a reduction in consumer spending c. advertising becoming a major industry d. a revival in small shops over larger department stores e. a boom in agriculture