Answer:
A market <u>shortage</u>, in accordance with a supply and demand chart, <u>drives up the price</u> due to the fact that the demand would be higher than the supply.
During a product <u>surplus, </u>the price will go down because the supply is higher than the demand.
Explanation:
Hope this helps.
The correct answer to this open question is the following.
I consider the United States space race of the 1950s-1969 against the Soviet Union as a failure?
Here is why.
In the times of the so-called Cold War, the Soviet Union had been the first to sent an artificial satellite into space, called "Sputnik." The date: October 4, 1957.
They had a clear advantage over the United States in the space race to the degree that this issue obsessed US President John F. Kennedy who ordered to invest millions of dollars to equal and pass the Soviet feat.
The federal government created a special agency, NASA, and spent millions of dollars trying to win the space race.
Under those conditions, it was not worth the cause.
Something totally different could have been if the US government had decided to invest and develop its space industry at its own pace. The problem here is that in thos Cold War days, the United States feared that this space advantage could represent a "war" advantage that had favored the Soviets.
<span>Social darwinism and laissez faire economics were most closely associated with the interests of big business owners. Big business owners had the most to gain from embracing such tactics. With social darwinism and laissez faire these business owners could prevent the government from trying to regulate them and they could take out rival companies and potentially monopolize whichever market they operated in.</span>
Answer:
1. Direct Democracy - The people rule! They vote and make decisions by themselves!
2. Representative Democracy - Legislative Branch chosen by the people’s vote to make laws.
3. Socialism - Government controls much of the property and businesses of the people.
4. Communism - Government controls ALL of the property and businesses of the people.
5. Monarchy - A single leader of a country chosen by birth right. (King/Queen)
6. Oligarchy - A group of people who rule a country.
7. Autocracy - A single ruler that rules ALL.
Explanation:
What is described is a political machine.
The Boss of a political machine is responsible for overseeing the operation and ensuring that his assistants are giving out the proper jobs and greasing the machine to ensure that people continue to take part in it.