(4) Confucianism
Filial piety is the idea that a person is expected to give respect to family members and elders. The Five Relationships outline the subject to master within the societal structure--son to father, wife to husband, etc.
Confucianism is an ethical religion based on moral or ethical concepts. The religion provides guidelines for how a person should live. Confucianism originated in China and still works as a guideline for the norms of society.
<span>Had no power of taxation remained with the states. However, Congress had the power to maintain military forces, declare war, coin currency, handle Indian affairs and create a postal service.</span>
Consumer spending fell as household wealth dropped.
<h3>What Is an Economist?</h3>
An economist is a specialist who investigates the connection between a society's resources and its output or production. Economists research all facets of society, from small, local communities to large countries and even the global economy. A wide range economic policies, such as interest rates, tax laws, employment programs, international trade agreements, and company strategy, are shaped in part by the professional judgment and research findings of economists.
An economist's responsibilities are immensely varied and include conducting research on economic topics, gathering data through surveys, and analyzing that data using software, statistical methods, and mathematical models. present study findings in reports, tables, and charts; interpret and forecast market trends; provide economic advice to corporations, governments, and individuals; suggest fixes for economic issues; and publish articles for scholarly journals and other media.
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If a business owner wants to increase demand for quantity, then the business owner should lower the price of the product. This lowering of price will attract more people to go for the product and this will increase the demand for quantity in the market. I hope the answer comes to your help.
