Explanation:
Jefferson did't consider in the stronger Constitution of 1789, and didn't really think the Federal govt required to help control the economy. Hamilton genuinely believed in such stuff, and the world has adopted his vision, because the nation has struggled any time we tried to do without Federal support with debt and credit.Also, fiscal policy would include borrowing money to make adjustments in the country.
Answer:
Diversity: When many different ideas/opinions/races/religions etc. are present.
Equality: The right of different groups of people to have the same rights and be treated the same.
Inclusion: The act of including something as a part of skmething else. Also the idea that everyone should be able to use the same facilities and enjoy the same experiences, no matter race/religion/disability or other minority.
Discrimination: Purposefully treating a group of people differently (and worse) because of their race/sexual identity/sexuality/religion etc.
British Royal Navy introduces a newly created convoy system, whereby all merchant ships crossing the Atlantic Ocean, and it was <span>successful.</span>
1) farmer dan is cool
2) Donald trump is all of the above
hope that helps you education
Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
