20 POINTS!
Free market economies still have some government regulation, like minimum wage laws and workplace safety laws. Consider the goals of businesses and companies. Why are these regulations important?

Market economies need clear rules to function efficiently. Without a legal framework establishing and enforcing property rights and the “rules of the game,” our free enterprise system could not exist. Regulations issued by the executive branch affect every aspect of our lives. From the moment you wake up until the time you go to sleep, regulations influence what you do. Yet most people know very little about the impact of regulations or the process by which they are produced.

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Explanat ion:

The goal of a company is to turn a profit, the return received after ALL expenses have been met. Workers’ wages are one of those expenses. If minimum wage laws did not exist, then businesses may be tempted to lower wages unreasonably in order to turn a higher profit. In addition, workplace safety can sometimes be expensive. For example, buying dust masks or replacing broken machines can increase the expenses of a business. Without regulation, some businesses may be tempted to focus on increasing profits at the risk of workers’ lives.

popular sovereignty   influenced the declaration of independence because the colonists wanted to have freedom to do they wanted so they put into writing

well the fact it is basically a peninsula allowed trade to come from many places, thus allowing cultural diffusion to take place. india has seasonal monsoons that merchants travel back and forth from india using the monsoons wind patterns