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They are a massively influential element in a society's economy.
1) They provide jobs for both highly trained/skilled employees (chefs), experience-trained (cooks) and untrained (busboys, waiters and dishwashers.
2) They are consistent, predictable and active purchasers of both fresh and manufactured foods used to prepare the meals
3) They are consumers of secondary elements like tablecloths/napkins (and the laundry), beverages, glassware/cutlery/dishes as well as services of Accountants and lawyers.
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When was A Contribution to the Critique of Political Economy created?
A Contribution to the Critique of Political Economy was created in 1859.
What is the economic policy of laissez - faire?
Laissez -faire is a French term that means the avoidance of government control of the business and of the economy. This idea has been replaced with the term "free markets" which understands that government regulations on business to a certain extent are necessary for a wealthy and fair economy. The US economy can be described as a free market economy.
Which argument supports the perception of big business leaders as captains of industry?
Industrialists' support for technology benefited the economy.
You read a magazine article explaining how the economy expanded for several years and then contracted. What was the subject of this article?
the business cycle
What was the major features of the new deal?
Giving relief to the unemployed, reform of business and financial practices, and promoting recovery of the economy during The Great Depression
