The framers of the United States Constitution believed that the document should contain the underlying principles that would make the central government not too weak but also not having the absolute power as well. It wanted the balance to remain so that at no point of time it would become a dictatorship rule.Before this United States Constitution came into force, the central government was too weak under the Articles of Confederation. Separation of power and checks and balances were two things that actually showed that the Constitution was made to make the central government neither too weak nor too strong.
The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
To learn more about Comparative advantage, refer
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To bring prosperity and make the land powerful once again by executing Jews
So a social group is a group of people that share similar characteristics. And they are important because it gets you to interact with peers. The last question is one you have to answer on your own so I play baseball and I am a Highschooler so therefore two Social Groups for me would be Baseball, and Highschool
I hope this helps :)
