In the 1960s, william chambliss analyzed the development of vagrancy laws in england, chambliss argued that the laws were designed for one express purpose--to:

The correct answer is: to provide ruling elites with low-cost quasi-slave labor.

William Chambliss (1933-2014) published the article, “A Sociological Analysis of the Laws of Vagrancy” (1964).

Based on Marx’s analysis, of the 14th through 16th-century English vagrancy laws, which had classified peasants made landless under the enclosure movement as vagrants, Chambliss argued that those laws were enacted by ruling elites throughout history to provide themselves with low-cost quasi-slave labor.

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

was a long, primarily nonviolent series of events to bring full civil rights and equality under the law to all americans. the era has had a lasting impact on united states society, in its tactics, the increased social and legal acceptance of civil rights, and in its exposure of the prevalence and cost of racism. in the south violence and fraud in southern elections from 1868 to 1876, which had reduced black voter turnout and enabled southern white democrats to regain power in state legislatures across the south