Answer:
Regulation is the placing of limits or restrictions on business activity by the government
Explanation:
Answer:
Explanation:
Much as the Babylonians destroyed the First Temple, the Romans destroyed the Second Temple and Jerusalem in 70 CE as retaliation for an ongoing Jewish revolt.
Answer:
The technology can be regarded as primary source in economic development and the various technological changes contribute significantly in the development of underdeveloped countries. Technological advancement and economic growth are truly related to each other. The level of technology is also an important determinant of economic growth.
Explanation:
John Locke was not of the opinion that <u>b) </u><u>individuals must enter </u><u>into a </u><u>social contract</u><u> with </u><u>government</u><u>. </u>
John Locke came up with a Theory of Social Contract as well as other philosophies in relation to government. He believed that:
- Government power needed to be separated into the legislative, judicial and executive branches for it to function well
- Government power should be limited to certain roles
- The government derived its powers from the willingness of the people to submit
He did not believe that people needed to get into a social contract with the government but rather that they should only do it consensually.
In conclusion, John Locke believed a social contract between government and people was necessary but that it needed to be done willingly.
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