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Social Studies, 14.10.2019 10:30 fazeyeezy004

Why weren’t the articles of confederation successful in governing the new nation?

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The united states economy is one in which producers are generally free to produce what they want and consumers are free to purchase what they desire, so long as no laws are broken. at the same time, however, the government does regulate some aspects of the economy. the u.s. can best be described as which of the following a mixed economy b liberated economy c command economy d market economy
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Norman jones, an economic historian at the university of utah, has described the views of the ancient greek philosopher aristotle on interest: aristotle defined money as a good that was consumed by use. unlike houses and fields, which are not destroyed by use, money must be spent to be used. there- fore, as we cannot rent food, so we cannot rent money. moreover, money does not reproduce. a house or a flock can produce new value by use, so it is not unreasonable to ask for a return on their use. money, being barren, should not, therefore, be expected to produce excess value. thus, interest is unnatural. what did aristotle mean in arguing that money is “barren”? why would money being barren mean that lenders should not charge interest on loans? do you agree with aristotle’s reasoning? briefly explain.
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Why weren’t the articles of confederation successful in governing the new nation?...
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