Laissez faire

Laissez faire

An economic theory based upon the ideas of Adam Smith, it contended that in a free economy self interest would lead individuals to act in ways that benefited society as a whole and therefore government should not intervene.

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Kalbos dalis: proper noun
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Pramonės šaka / sritis: History
Category: American history
Company: University of Houston
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Sputnik

History; American history

Russian satellite that successfully orbited the earth in 1957, prompting Americans to question their own values and educational system. The hysteria over Soviet technological ...

specie

History; American history

A term for hard coin, such as gold or silver, that can also back and give a fixed point of valuation to paper currencies.

Strategji e Jugut

History; American history

Once France formally entered the War for Independence in 1778 on the American side, the British had to concern themselves with protecting such vital holdings as their sugar ...

Darvinizëm Social

History; American history

An ideology based upon the evolutionary theories of Charles Darwin, it justified the concentration of wealth and lack of governmental protection of the weak through the ideas of ...

separatistë

History; American history

Religious dissenters from England who believed that the state supported Anglican church, or Church of England, was too corrupt to be reformed. Thus, like the Pilgrims, they often ...

smog

History; American history

The chemical laden fog caused by automobile engines, a serious problem in southern California. Like nuclear waste and the shrinking water supply, it reflects the problems ...

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Pramonės šaka / sritis: Astronomy Category: Galaxy

Fluskat e rruges se Qumeshtit

The two giant bubbles of high-energy gamma rays protruding from the Milky Way, each spanning 25,000 light-years across, roughly the size of the galaxy ...