Social Studies, 16.10.2020 14:01, carlybeavers50
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.
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