The Declaration of Independence Was a Remarkable Philosophical Statement for Its

question 32

Multiple Choice

The Declaration of Independence was a remarkable philosophical statement for its time because it asserted that

• A)slavery was a "morally unjust" institution that should be outlawed.
• B)there were "unalienable rights" that could not be abridged by governments.
• C)laissez-faire capitalism would be the "supreme law of the land" in America.
• D)America was "first and foremost, a Christian nation."

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Definitions:

Demand for Product

The desire and willingness of consumers to purchase a specific good or service at a given price.

Output

The aggregate quantity of products or services generated by a business, sector, or economic system within a specified timeframe.

Resources

The total means available for economic and operational development, including natural, human, and capital assets.

Derived Demand

Demand for a factor of production or service resulting from demand for the goods or services it produces or contributes to producing.