In his definition of public opinion, the author states that the politically relevant opinions of private individuals become public opinion when they are openly expressed.
Explain public opinion.
Public opinion first became a substantial political force in the late 17th century, but it had long been acknowledged as having unique significance. From the 12th and 13th centuries onward, mediaeval fama publica or vox et fama communis had significant legal and social significance. [4] Later, Blaise Pascal and William Shakespeare referred to public opinion as "the queen of the earth" and the "mistress of success," respectively.
John Locke argued in his work An Essay Concerning Human Understanding that there are three laws that apply to all people: the divine law, the civil law, and—most crucially, in Locke's perspective—the law of opinion or reputation.
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Answer:
The Great War also saw the introduction of the planned economy and a much bigger role for the state. Soon after the outbreak of war the German government took control over banks, foreign trade and the production and sale of food as well as armaments. It also set maximum prices for various goods.
Answer:
Opportunity cost
Explanation:
According to my research on business terminology, I can say that based on the information provided within the question the term being defined is known as Opportunity cost. This term is defined as the loss of other alternatives when one alternative is chosen.
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