Answer:
Poverty affects the lives of individuals in different ways, some of which are:
Explanation:
- Poverty causes poor nutrition hence causing nutritional diseases or generally poor health.
- This in turn reduces the individuals performance in the economic world therefore rendering him or her economically defenseless.
- Poverty largely affects an individuals heath, that is physically out of nutritional deficiencies and also psychological health effect like in the case of a negative response to the situation of poverty can cause stress to an individual.
- Lack of education for an individual can come as a result of poverty, failure to raise the required fee for education.
Answer:
nature versus nurture
Explanation:
Sociologists, psychologists, and geneticists have always wondered if genes play a determinant role in the evolution of life of someone or if rather the cultural components around the same individual account.
How biological/genetic predispositions' impact on human traits?,
The genetic traits will often manifest as physical or internal characteristics, yet the question to which extent do they play the predominant role is widely subject of debate.
The previous century saw many to believe that genetics would account for shaping humans.
How environment influences learning and behavior?
For many, the social constructs will inevitably lead to some traits to adopt into a cultural framework that will shape attitudes and behaviours.
In the present, both the biology and the culture are today taken into consideration and a blend of the two will shape complex situations where many variables are also present
Answer:
A. The expected real rate of interest increases by one percentage point for each percentage change in expected inflation.
Explanation:
The Fisher effect is an economic term referred to as the relationship between real and nominal interest rates with inflation. This theory explains that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. In other words, if nominal rates do not increase at the same rate as inflation, then real interest rates will fall while inflation increases.
Answer:
The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.
Explanation:
