Patriotism is love of country and flag. Loyalty is staying faithful to these things. They go hand in hand with each other. They both are important to military members. I hope I helped somewhat
With a home equity loan, you can take out a one-time borrowing against the value of your house. While still leveraging the equity in a property, a HELOC enables homeowners to apply for an open line of credit. After that, you are permitted to take out loans as needed up to a specified limit.
What benefits do home equity lines offer?
HELOCs allow you to borrow in smaller quantities so that you only borrow what you need, when you need it, as opposed to home equity loans, which only let you borrow in one big sum. Your monthly payments will be smaller and you'll be less likely to accumulate debt if you just borrow what you actually need.
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Answer:
<h2><em>
There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal</em></h2>
1- Frictional unemployment. Frictional unemployment is caused by temporary transitions in workers’ lives, such as when a worker moves to a new city and has to find a new job. Frictional unemployment also includes people just entering the labor force, such as freshly graduated college students. It is the most common cause of unemployment, and it is always in effect in an economy.
2- Structural unemployment. Structural unemployment is caused by a mismatch in the demographics of workers and the types of jobs available, either when there are jobs available that workers don’t have the skills for, or when there are workers available but no jobs to fill. Structural unemployment is most obvious in industries undergoing technological advancements. For example, in the farming industry, much of the work is becoming mechanized, which means that fewer farmers are needed and many are let go. When these farmers go to cities to find work, they may find no other similar jobs in which to apply their skills.
3- Cyclical unemployment. Cyclical unemployment is caused by declining demand: when there is not enough demand in an economy for goods and services, businesses cannot offer jobs. According to Keynesian economics, cyclical unemployment is a natural result of the business cycle in times of recession: if all consumers become fearful at once, consumers will attempt to increase their savings at the same time, which means there will be a decrease in spending, and businesses will not be able to employ all employable workers.
4- Seasonal unemployment. Seasonal unemployment is caused by different industries or parts of the labor market being available during different seasons. For instance, unemployment goes up in the winter months, because many agricultural jobs end once crops are harvested in the fall, and those workers are left to find new jobs.
Explanation:
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Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
According to Freud, this part of the personality seeks gratification involving eating, drinking, eliminating, or physical comfort; this part of the personality wants it now. throughout one's life, this part of the personality is most apparent in selfish or impulsive behavior in which immediate gratification is sought with little regard for consequences and it is called the Id.
<h3>Who is Sigmund Freud?</h3>
Sigmund Freud simply refers to an Austrian physiologist, neurologist, and medical doctor who developed the personality theory through which he strongly argued that a person’s personality or human psyche is structured into three (3) fundamental parts and these include:
- The Id (instincts).
- Ego (reality).
- Superego (morality).
According to Sigmund Freud, the Id is a part of the personality which is most focused on complex unconscious memories, wants it now, characterized by selfish or impulsive behavior, and forms the primary component of personality.
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