The third answer (top to bottom): welfare spending, federal government intervention, organized labor.
Franklin D. Roosevelt's New Deal found one of its opponents, the Governor Eugene Talmadge. He was governor of Georgia (1932) and was popular with the rural people. He opposed programs calling for greater government spending and economic regulation. His anti-corporate, pro-evangelical and white-supremacist tirades had great appeal.
In Talmadge government, Georgia state subverted some of the early New Deal programs (federal relief programs for example). He wanted the workers to have an incentive to return to private employers. He allied with conservative business interests by <u>opposing government regulation, welfare spending, and the interests of organized labor</u>.
He believes that America has a right be neutral and that
other countries should recognize and respect that. He believes that the country needs time to
grow and to learn things as it still new and there were so many things that
they need to do.
Answer:
D. Understanding
Explanation:
Interpretive research is a form of research that seeks to reveal the actual definition toward a reasonable understanding of selected cases.
In other words, it is a undertaking to analyze and comprehend social reality.
This often done through the personal perception of the people within the social construct where the issue of analysis is being conducted.
Hence, in this case, the correct answer is "Understanding"
Answer:
Prices are often volatile due to inelastic demand. e.g if there is a ‘good harvest’, supply will increase and there will be a fall in the price of primary products. However, because demand is inelastic, this would lead to a fall in revenue.
coffee-supply-price-growers
The volatile price of coffee – can make planning difficult.
Supply can also be volatile due to weather and disease. For agricultural crops, there is always a risk of crop failure, which could cause economic hardship in one particular year.
Limited resources. One day developing economies may run out of its finite primary products, e.g. precious metals could become scarce. Without diversification, this would leave the economy with a void.
Discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute towards a lack of investment in other aspects such as education and industrial production. Comparative advantage can change over time. It’s important to not just look at the present comparative advantage, but prospects for next 10 or 20 years.
There is a low-income elasticity of demand for primary products. With a rise in global income, there is a proportionately smaller percentage rise in demand for primary products. (agricultural products tend to be income inelastic). Therefore, if you produce primary products, you may see lower rates of economic growth than countries who produce manufacturing goods – which are more income elastic. The Prebisch-Singer hypothesis suggests that countries who concentrate on primary products are vulnerable to a declining terms of trade.
There are 5 points
Hope it helps!!!
