Explanation:
If there is lack of technical knowledge then the country or company cannot run smooth with the lack of technical knowledge and there would be chaos
Specie economy. Specie are precious metals and gemstones. It leads to hoarding. Capital flows in only one direction: from the site of extraction, the periphery, to the ruler, the core. This leads to economic slowdown and stagnation. That's all I could think of. I kind of went off on it after "specie," but specie isn't a complete description so that's why. I'm probably missing something huge.
We did have a gold standard up until 1972, when Nixon took us off of it. I guess that's another way to describe mercantilism: it's not a debt economy. In capitalism, capital is fluid, meaning it flows many ways, not just the one way as in mercantilism. Debt, then, creates profit. The government in a capitalist system wants to assume as much as the public debt as it can. It does not want a large stockpile of capital sitting inert in private hands. That is bad for democracy. The word is "inimical."
When the government borrows, it doesn't have to print money to finance ventures. Buying things like an aircraft carrier is a venture. Our investments in overseas oil fields are ventures. The interest on these kinds of things is enormous and is used to keep the economy rolling. You borrow, then you finance ventures to pay off your debtors. The deficit is the difference between what you borrow and what you pay back. A surplus means you borrowed more so you have more incoming than outgoing. A deficit can mean you are being fiscally responsible since it shows that you are borrowing less than you are paying back. A deficit is an indicator--AN indicator, depending on other things, but a strong one--of a strong or rising military.
Debt is more reliable for paying for war than specie is, and capitalism is a better engine for economic growth than class struggle. Both class struggle and mercantilism are closed systems, and that's what makes them fail. Mercantilism implies hoarding, and class struggle implies starving.
There are a lot of ways to resolve conflict. The common way for young adults to resolve the intimacy vs. isolation crisis is through friendship.
- Friendship is often known as countable or uncountable. It is simply known as a state of holding on to affection, esteem etc., between two or more people.
Friendships is an essential relationships in any culture. It is often based on types. They are: acquaintance, friend, close friend and best friend. With friendship people can understand themselves and resolve conflict amicably.
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Answer:
Set high academic goals for their children
Explanation:
Here, it has been suggested that the researcher looked for a relationship between academic achievement, religiosity, and parental involvement. It is well known through research evidence that academic achievement and parental involvement are positively related and that the higher the parental involvement,the higher the academic achievement of the children. On the other hand, students from minority groups and religions tend to perform better at religious private schools than the majority group students as per researchers. Here, Stephen Morgan is providing suggestion for non-Catholic students at Catholic schools hence, suggesting about the minority group. Therefore, high academic performance can be expected through religiosity and parental involvement for such a group of students.
In Versailles, as you may already know, was build for King Louis XIV
He was a very unfair ruler. He only cared about himself. Along with Louis, nobles lived in Versailles. Louis kept them there to keep them in check. He didn't want them
To turn on him. The nobles got to stay in the wonderful Versailles and partied everyday. The parties were expensive! And the poorest people in France had to pay high taxes to pay for all of the fun that the nobles and Louis had. King Louis XIV of France was very unfair and unjust. When he died, he left France in thousands of dollars in debt.
