Friedrich Hayek was an Austrian Economist known for his work on the <em>Theory of Money</em>, which earned him a Nobel Memorial Prize in 1974. He openly supported classic liberalism, which emphasized the economic freedom of all individuals who formed part of society.
Hayek opposed expansionary spending (or expansionary monetary policy) because he considered, following principles of liberalism, that government intervention in the economy should be kept at its minimum expression. It is up to individuals and the economic relations they form as to whether an economy grows or not. The increase of money supply in a country could bring negative effects such as <em>inflation, </em>which is the sustained increase in the prices of goods and services.
Answer:
Enslaved people make use of various means to cope with the repression and degradation of life on the plantation, through the following means amongst others:
1. Religion
2. Keeping relationships of family and friends
3. Passing on of family and cultural stories and traditions
4. Planning larger scale revolts
Explanation:
During 19th century, a lot of enslaved men and women worked in various capacities,such as working on a large agricultural plantations, house servants or field hands. In this period, the treatment of enslaved men and women was characterized by by its brutality, as they were subjected to repression, harsh punishments, and strict racial policing.
However, in order to cope with this repression and degradation of life on the plantation, enslaved people made use of various means amongst others, which are:
1. Religion
2. Keeping relationships of family and friends
3. Passing on of family and cultural stories and traditions
4. Planning larger scale revolts
Like many former colonies, it gave India the means to create
her own industries as well as make advancements to improve its society. India today has many industries and this was
made possible from adopting Western technology they learned from the British.
Answer:
i think its the first one
Explanation:
