Asked by Madison Mancuso on Apr 30, 2024
Verified
The view of economic freedom that became dominant in America after 1779 maintained that the interests of the community took precedence over the property rights of individuals.
Economic Freedom
Denotes the ability of individuals in a society to take economic actions, such as starting a business or trading, free from government restrictions.
Community Interests
Shared concerns or objectives that are important to the well-being and functioning of a group or society.
- Recognize the alterations in economic ideologies and methods subsequent to the Revolution.
Verified Answer
JS
Jaliyah SmithMay 02, 2024
Final Answer :
False
Explanation :
The dominant view of economic freedom in America after 1779 emphasized the protection of individual property rights and the minimization of government interference in economic affairs, reflecting the liberal ideas of the Enlightenment rather than prioritizing the interests of the community over those of individuals.
Learning Objectives
- Recognize the alterations in economic ideologies and methods subsequent to the Revolution.