Help me answer these questions for Economics?? (THESE ARE DUE AT 6:00 PM Today) (Take this seriously) 1. What is economics and how does it relate to American free enterprise?

2. How does economics relate to the students daily life?

3. How does supply, demand, and prices relate to different market structures?

4. What are the factors that affect the way markets perform?

5. What are business organizations and how do they relate to labor?

6. How is the world of work organized?

7. How do we define money, and how do banks and other financial institutions help channel money from savers to investors?

8. How do banks work and do people invest money?

9. How do we measure the nation’s economy and economic changes affect the general public.

10. How do we measure economic performance?

11. How does the government obtain and spend resources as well as intervene in the economy?

12. Why do we pay taxes and where does the money go?

the expansion of the rule of empires over other territories took place as a result of several reasons including economic, ethnocentric, political, and religious, and exploratory purposes.

in terms of economic purposes: imperial governments aimed to maximize profits and with that purpose they neeeded cheap labor, access to or control of markets to sell or buy products. they also desired to find natural resources (precious metals and land). in the awake of   industrial revolution, dependent colonies provided the necessary raw materials that european factories and market needed to manufacture products.  

ethnocentric: many territories were conquered by imperial territories in an attempt to spread their cultures, values and belief as they considered them to be superior. in the late 19th century, for example, european powers held   the racist belief that inferior races should be conquered in order to “civilize” them.

political: another reason that drove conquer and expansion was patriotism and growing imperial power. it refers to national prestige, pride, and security. empires sought strategic territory to ensure access for their navies and armies around the world.

religious: the aim of converting new member of other religions was another factor that prompted expansion.   christian missionaries from europe established churches in conquered territories during the nineteenth century. thus, they spread western cultural values. furthermore, the imperial nation’s language was spread as well, through educational and religious interactions.

exploratory: imperial nations or their citizens aimed to explore territory that was unknown to them,   for different purposes including medical or scientific research, however, at the very   beginning, they did it to embark on adventure. furthermore, imperial explorers sought to discover, map, and claim territory before their imperial competition did, for national and personal glory as well as to realize the imperialist goal of expansion.

social contract theory basically says that all individuals are born equal, and provided a god given right to consent to be governed. american government is based of this

thomas hobbes and john locke said that we are selfish, individualistic, and constantly at war with each other, therefore we need to be controlled. 

government is defined as the legitimate use of force to control human behavior within territorial boundaries, here comes in hobbes and locke.

hobbes takes the part about controlling human behavior. while locke takes the part of legitimate use of force, since force is not legitimate unless there is consent of the people. 

there are basically 3 goals of the government: 1) maintain order by protecting life and property. 2) providing public goods, those which are typically not provided by the public sector, such as roads and education. 3) promote equality be it political, opportunist or outcome equality. 

(b) britain had a much larger navy than the u.s.

(d) the u.s. had a small army compared to britain.