The answer is the society.
Economics is focused on the problem of the society which is created by a world with limited resources and people with unlimited needs and wants.
In 1781 the coin shilling was worth 75 times more than a paper shilling, because of that, all debts should be paid with coin and not paper. Farmers were especially moved by that and many of them had to sell their farms to get money and pay debts. With that, Daniel Shay - a former captain in the continental army - led an army of farmers in a revolt that was called Shay’s Rebellion. They demanded tax relief and a moratorium on debt collection. In the end, the rebellion was put down but it pushed the federal government to provide economic relief.
<u>Answer:</u>
GDP(Gross Domestic Production) is used to detect inflation in the nation.
<u>Explanation:</u>
- GDP is a round figure of production of the nation which means taxes, wages, salaries, imported money, foreign exchange currency etc. that all comes under GDP.
- Through GDP, the nation concludes its inflation and production rate of the country. GDP also affects the stock market.
- GDP used to analyse performance of a country in a year. The next year’s budget is based on GDP which helps to bring economic reforms for the next economic year.
Answer:
Although plans for a Constitutional Convention were already under way, the uprising in Massachusetts led to further calls for a stronger national government and influenced the ensuing debate in Philadelphia that led to the drafting of the U.S. Constitution in the summer of 1787
Explanation:
<span>C) The American colonies should all sign the Declaration of Independence.
I hope this helped ya :)</span>
