1. Enlightenment
... laws including the idea of supply and demand, which is what the American economy is primarily based on. When America became independent, it not only abandoned mercantilism, but also became a free t! rade zone for the rest of the world. Furthermore, when the Americans declared their independence, they informed Great Britain that "all men are created equal.. endowed by their Creator certain ... Governments are instituted.. deriving their just powers from the consent of the governed." (DOI, 63) These ideas were derived from the writings of John Locke: "Men being.. by nature all free, equal...
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- Approx Pages: 5
- Grade Level: Undergraduate