Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
Answer:
This system is called Checks and Balances and it is very important to our government. ... Without a system to prevent one branch of government from having more power over another, the government would be controlled by one group of people.
Explanation:
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Answer:
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Explanation:
Answer:
The Humanists ideas, the growth in textual analysis, and the NorthernRenaissance changed the intellectual landscape and encouraged many Church reformers, such as Martin Luther, and they later broke with Rome and divided Europe into two confessional camps, Protestantism and Catholicism.
Answer:
It has large deposits of coal and iron.
Explanation:
