16. Evaluate the impact of the free enterprise system
in stimulating the age of big business

It allowed people to invent new things, it caused a lot of people to invest a lot of money into these innovations.

Explanation:

It allowed to invent new things because people started investing money into products and hoping to get profit off their investment. It is a cycle where people were putting in money into a company, the company was making more products, the people got a benefit off their investment, and put in more money into a company in hopes getting more on their investment.

the doctrine of nullification recommended that states living inside the union have the one-sided, inalienable ideal to void any law made by the national government that could be esteemed illegal.

the united states was shaped based on a general agreement among its individual states. hence, it is inferred that under the hypothesis of invalidation, since the states are the establishment of the union, they have the ability to referee and disprove unlawful laws.

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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