Based on statistics, only 1% (one percent) of the population owns half of the wealth in the world.
<h3>How is wealth distributed in the population of the world?</h3>
Unfortunately, wealth is not equally distributed in the population of the world. This means many people have limited resources, while only a small percentage of the people own most of the wealth available. This problem is known as inequality and is often related to other issues such as:
- Poverty.
- Lack of access to education.
- Hunger.
- Differences in opportunities access.
<h3>What percentage owns half of the wealth in the world?</h3>
Based on scientific studies, only 1% of the adult population owns at least half of the wealth. This clearly show how inequal the distribution of wealth is in the world.
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Keynes argued that the private sector was unable to keep the economy at full employment. as a result, the government should take an active role in managing the economy.
<h3>What is a
Keynesian economic theory?</h3>
According to Keynesian economics, the government should raise demand to spur economic growth. Consumer demand, according to Keynesians, is the main engine of an economy. Therefore, the hypothesis is in favor of an expansionary monetary policy. Government spending on infrastructure, unemployment benefits, and education are its key tools. Overusing Keynesian programs has the disadvantage of raising inflation. An economic school of thinking known as Keynesian Economic Theory holds that for economies to recover from recessions, government involvement is required.
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Answer:
Explanation:
Concept development is a set of activities that are carried out early in the systems engineering life cycle to collect and prioritize operational needs and challenges,
Or,
Concept development is a process of developing ideas to solve specified design problems.
Answer:
Explanation:
For statement 1. The unemployment rate is high as Tim must have tried is best and the labour force rate is also low because he gave up looking and retires, this must have an impact on labour force.
For statement 2, unemployment rate will reduce or a quota will contribute to the reduction of unemployment rate If she gets a job. And labour force will increase.
For statement 3, Brian decision will have a major negative impact on the unemployment rate and labour force because of lack of interest.
For statement 4, this is an accident which will definitely have an impact on unemployment rate and labour force, a live is lost.
Answer:
The supporter of federalism that warned people about the dangers of political parties was George Washington.
Explanation:
Like all revolutionaries, Washington hated political divisions and was an enemy of what we now call political parties. The revolutionary principles, the "spirit of 76", should be unique and accepted by all. But, by clearly leaning towards a strong federal power, he faced supporters of the primacy of the states. These, led by Thomas Jefferson, began to organize giving rise to a political faction that was soon known as anti-federalist, as opposed to the others, who were federalists. As the name had a negative connotation they preferred to be called "Republicans" and later, "Democrats": they are the Democratic Party of our day, the oldest political party of those that exist today. It cannot be said that Washington was the founder of the political parties - the merit, if any, belongs to Jefferson - but he was the cause of their creation.
