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Before business principles came to dominate everyday life, the common welfare, when it was not a question of peace and war, turned on the ease and certainty with which enough of the means of life could be supplied. Since business has become the central and controlling interest, the question of welfare has become a question of price. Under the old regime of handicraft and petty trade, dearth (high prices) meant privation and might mean famine and pestilence; under the new regime low prices commonly mean privation and may on occasion mean famine. Under the old regime the question was whether the community's work was adequate to supply the community's needs; (under the new regime that question is not seriously entertained).

Required:
Use this short reading to explain the clause which is in bracket.

1 Answer

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Answer:

The clause's clarification indicates something which is given below.

Step-by-step explanation:

  • Thus, once during the past, circumstances were wonderful or horrible to the point that new methods forever produced a satisfactory or insufficient performance of the process.
  • Recently, to the degree that perhaps the market method yields a reasonable again that insufficient rate of advantages, times are wonderful or bad. He proposes an emergency theory here and lets these springs out of another payment activity. As we'd like to believe, this is the worst aspect of the entire novel.
  • The laborers do not and should not control and regulate the technological machinery and processes as well as private ownership gains, and company performance must always be supervised by the industry.
  • The source of labor, or the working people, will therefore not become merged into the above-mentioned ideally whole coalition, such that at the moment when the last step in the consistent with organizational has indeed been taken, the violent grinding between some of the combined market resources and the centralized laborer continues.
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