The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
D
The islamic religion (muslims) have the belief that one must make a journey to Mecca at least once in a lifetime.
Muslims also strive to pray 5 times a day beginning at sunrise and ending before bed.
After Ionian Greeks in Asia Minor revolted, their relatives in eretria and others sent forces to help them. They captured the persian provincial capital of sardis, burnt it and destroyed the statues of the persian gods. Some greeks rebelled against him and helped there fellow greeks in the fight for asia.
Answer: A) Hobbes thought people were innately violent.
<u>Further explanation</u>:
Both English philosophers believed there is a "social contract" -- that governments are formed by the will of the people. But their theories on why people want to live under governments were very different.
Thomas Hobbes published his political theory in <em>Leviathan </em> in 1651, following the chaos and destruction of the English Civil War. He saw human beings as naturally suspicious of one another, in competition with each other, and violent toward one another as a result. Forming a government meant giving up personal liberty, but gaining security against what would otherwise be a situation of every person at war with every other person.
John Locke published his <em>Two Treatises on Civil Government </em>in 1690, following the mostly peaceful transition of government power that was the Glorious Revolution in England. Locke believed people are born as blank slates--with no preexisting knowledge or moral leanings. Experience then guides them to the knowledge and the best form of life, and they choose to form governments to make life and society better.
In teaching the difference between Hobbes and Locke, I've often put it this way. If society were playground basketball, Hobbes believed you must have a referee who sets and enforces rules, or else the players will eventually get into heated arguments and bloody fights with one another, because people get nasty in competition that way. Locke believed you could have an enjoyable game of playground basketball without a referee, but a referee makes the game better because then any disputes that come up between players have a fair way of being resolved. Of course, Hobbes and Locke never actually wrote about basketball -- a game not invented until 1891 in America by James Naismith. But it's just an illustration I've used to try to show the difference of ideas between Hobbes and Locke. :-)
