In democracies power is divided into 3 branches:
Legislature: responsible for creation of laws, and adjusting old ones to the changing situation.
Executive: has the authority <span>for the daily administration of the state. </span>
Judiciary: courts, tribunals, which make sure that law and constitution are being obeyed.
Power is also shared vertically (central-local).
In some countries power is centralised, current government manages what is going on in the country on all levels, and prepares plans and grants funds even for local investments.
On the other hand there are countries (like USA) where local authorities, in addition to the management of funds, are responsible even for legislature and have their own laws.
In some countries part of the local budget is reserved for direct vote of the citizens. They decide if they want a new swimming pool, liberary, improvement of roads and so on. Internet and qulaified electronic signature made this kind of vote possible.
Power can also be shared between different nations within one country (like in Belgium, or in Bosnia, where there are 3 officials for most offices. They have 3 prime ministers Serbian, Croatian and Boszniak). It makes sure that the minorities will also have a say in the process of law creation.
Question: Which of the following situations would be likely to cause scarcity?
Choices:
A) canals and roads that improved trade across longer distances
B) a natural disaster which destroyed many farms in a region
C) one group taking control of all agricultural production in a region
D) lack of money to purchase improved equipment for farming
Answer: <u>B) A natural disaster which destroyed many farms in a region.</u>
<em>Hope this helps!.</em>
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<em>~A.W~ZoomZoom44</em>
<u>Answer:</u>
According to the International fisher effect , for any two countries, the spot exchange rate should change in an equal amount but in the opposite direction to the difference in nominal interest rates between the two countries.
<u>Explanation:</u>
- International fisher effect states that if there is difference in nominal rate in two countries then this might affect the exchange rate of the two countries.
- If any country has higher nominal interest then there is a higher chance of inflation which might result in depreciation in there currency.
- For example XYZ country has 8% nominal interest and another ABC country have 10%. If we look closely, country ABC will be more appreciable but the country with higher interest will have higher inflation rate.
- So, inflation depreciates the currency of country as compared with the country with low nominal interest.
I believe the answer is: C. have their lights on
This does not necessarily included in laws, but it is considered as a form of etiquette as a sign of respect for the deceased. Having the lights on the intersection would be assign for other vehicles that the funeral is on its way so they are informed that road might be moving a little bit slow for that moment.
Starting school later in the day!