Articles of Confederation formulated a weak national government with most of the political powers retained by the states. The Articles presented no division of branches. Smaller states were satisfied with the government under the articles of confederation because states were authorized to mint their personal money. There was no control of trade between the States.
States could even the treaties with international nations and have the power to declare war, "with the approval of Congress."
Effective democracies tend to allow a broader range of interests to be considered on a regular basis. This leads to more nuanced and moderate policies and reduces the risk that ineffective leaders can stay in power for a long time.
These characteristics encourage more robust and stable economic growth.
In authoritarian systems, economic growth is more likely to be narrowly based on a small section of the population and corruption is likely to be higher.
Few countries with authoritarian systems of government have achieved high levels of growth in the long term.
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Answer:
b. disclosure
Explanation:
In the business setting of buying and selling of shares and stocks, the buyer might have not have an indepth knowledge of the companies he or she is buying from hence the need to engage the services of a broker to cover such part.
The duties of the broker is diverse with far reaching effect but the most common duty which serves as a broker's obligation to the client is the <u>disclosure.</u>
The broker owes it a duty to offer full disclosure to his or client regarding to a particular stock tranactions- that is the gains and the bad sides of such. Since he is paid to offer such services, it is expected of him to do indepth study of any stock before offering his expertise advice. <em>It would be bad for a stock broker to offer his client a stock worth penniless in real life but might looks healthy on papers due to the financial manipulations done by the country.</em>
Answer:
False
Explanation:
Compound interest refers to the interest charged on both the amount borrowed and previous interest
The greater the number of compounding periods within a year, then (1) the future value of a lump sum investment at Time 0 not necessarily is greater and (2) the present value of a given lump sum to be received at some future date not necessarily is smaller.
Therefore, the given statement is false.
