Answer:
Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.
buying is the correct answer i think
Answer:
C self-interest in a free market to thrive.
Explanation:
Adam Smith (1723-1790) was a Scottish philosopher and political economist and one of the fathers of laissez-faire economics. He is the author of the famous work An Inquiry into the Nature and Causes of the Wealth of Nations. Smith is a supporter or free markets, arguing that the best economic system is one based on individual self-interest that in the end, will produce good to all. Smith maintained that such an economy will correct its deficiencies by "the invisible hand" of the market.
Answer:
Previously-existing banking regulations and a diversified economy helped Texas escape some of the worst effects of the Great Recession.
EXPLAINATION : The Great Recession of 2007–2009 was the most severe and lengthy economic crisis in the U.S. since the Great Depression. The impacts on the population were multi-dimensional, but operated largely through local labor markets.
To examine differences in recession-related changes in county unemployment rates and assess how population and place characteristics shaped these patterns.
The English were in severe debt after the 7 Years War with France, therefore they increased taxes on the American colonies, leading to colonial governmental officials sending formal letters of protest to parliament. This ended up heightening tensions between the colonists and the British, leading to the American revolution.
