Households dissave when en their consumption exceeds their incomes. The extra money comes from two sources: credit and past incomes, also known as savings. When a house dissaves it can either borrow money from financial institutions or spend money that was previously saved. Everyone cannot dissave at the same time because banks would not have enough money to fund everybody's excessive consumption.
Sometimes the programs shown television or the movies depict
certain lifestyles that may impact our views on life. Sometimes the influence is so strong that we
tend to imitate what we see from them. This shows how great the influence of
media has in our lives.
It granted religious freedom to all who professed a belief in Jesus Christ.
Toleration Act was enacted in Passed in Maryland, it promised toleration to all Christians but declared the death penalty for those, like Jews and atheists, who rejected the holiness of Jesus Christ. Toleration Act also assured that Maryland could able to attract Catholic migrants during the colonial period.
However, it was also an to attempt to overcome struggles among the two religious groups. The Toleration Act of 1649 made it a felony to restrict the spiritual rights of Christians. It also became the first Law who promotes religious tolerance enacted in the English colonies.
