Due to the difficulty of denying national security to someone unwilling to pay for it, public goods like national defense are often supported by the government.
Why is it that government funding is typically used to support public goods like the national defense?
National Defense is one of the examples of the public good. If one individual in a particular location is protected against an attack or invasion by a foreign power, other people there are probably similarly protected. Due to the difficulty in charging for defense as a result, it suffers from the well-known free-rider issue. In fact, practically all economists are of the opinion that government action and taxation are the only ways to finance adequate defense.
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Shale/Coal/Oil are the most important mineral resources in Appalachia and are used as a source of energy by many in the world.
Answer:
Microeconomics
Explanation:
Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources and prices of goods and services. It also takes into account taxes, regulations, and government legislation.
Microeconomics main focus is on the supply and demand and other forces that determine the price levels in the economy. Microeconomics main purpose is to understand human choices, decisions, and the allocation of resources
<u>Full question:</u>
Donnie, age 16, is able to understand that a poem has another, less literal meaning and that the words are actually referring to life choices instead of paths in a forest. Donnie is in Piaget's _____ stage of cognitive development.
A. Sensorimotor thought
B. Preoperational thought
C. Concrete operational thought
D. Formal operational thought
<u>Answer:</u>
Donnie is in Piaget's Formal operational thought stage of cognitive development.
<u>Explanation:</u>
As adolescents start this formal operational stage, they earn the capacity to imagine abstractly by planning opinions in their head, without any dependency on concrete manipulation. Teens start to create more ethical, thoughtful, moral, cultural, and administrative issues that need technical and obscure thinking.
Drive to apply deductive logic or rationalizing from a common principle to particular information. The capacity for considering obscure concepts and circumstances is the key endorsement of the formal operational stage of cognitive development.
Answer:
Cause they were losing
Explanation:
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