Answer:
An industry involved in the extraction and collection of natural resources, such as copper and timber, as well as by activities such as farming and fishing. The Primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining.
Explanation:
Answer:
The options for this question are the following:
A. from debtors to creditors; a smaller
B. from creditors to debtors; a larger
C. from debtors to creditors; a larger
D. from creditors to debtors; a smaller
The correct answer is A. Debtors to creditors; a smaller
Explanation:
There are two definitions of deflation. Most people believe that it is simply price drop. But debt deflation is what happens when people have to spend an increasing part of their income on debt service contracted by them: pay mortgage debt, pay credit card debt, pay academic loans.
Nowadays, people have to spend so much money on buying a house or paying for education, that they do not have enough money to spend on goods and services, except for contracting more debt with their credit card or with other loans.
Result: the markets are slowing. Deflation means a slowdown in revenue growth. Markets contract, capital investment and employment also decrease and wages fall. That is what is happening, as a result of a deliberate policy, in Europe and in the US. The fall or stagnation of prices is nothing but the result of a smaller volume of income to spend.
The U.S. Supreme Court determine that the federal government did not overstep its bounds under the commerce clause when it enacted the Controlled Substances Act of 1970- Gonzalez v. Raich Case
Explanation:
<u>Gonzales v. Raich</u> was a case in which Raich was permitted to grow and use Marijuana for medical purposes but the federal agents seized the marijuana plantation and destroyed it.
<u>Raich then seeked action under the federal Comprehensive Drug Abuse Prevention and Control Act (CFA).
In the decision taken by the U.S Supreme court under the commerce clause of the US Constitution,that the congress has the power to criminalize the use and production of home-grown marijuana even if state law allows its use for medicinal purposes.</u>