Answer:
Everyone loves them and there so good!
Explanation:
Answer:
The correct answer is option A.
Explanation:
Nominal GDP is the measure of economic growth which calculates the change in output on the basis of the current price. It is not inflation-adjusted measure and is affected by changes in the price level.
Real GDP on the other hand, measures the change in economic output on the basis of constant price. It is an inflation-adjusted measure to calculate economic growth.
That is why, real GDP is preferred, because nominal GDP may overestimate or underestimate the change in output.
Answer: Feudalism as a fundamental socio-economic relationship of the Middle Ages.
Explanation:
Feudalism implied a hierarchy in which all social classes were included, and it functioned for centuries during the Middle Ages. At the top of the "feudal pyramid" was a king who allocated land to nobles or feudal lords, on that land worked serfs who took part of the income from the land for themselves, and in case of war, the feudal lord, in turn, had to assign a certain number of soldiers. Was a larger feudal lord had to provide a larger number of majors). The disappearance of the feudal system occurred with the emergence of the first economic relations, i.e., the emergence of private property; the king no longer had to allocate land to have an army but could hire and pay from the state treasury. Fundamental changes in economic relations that are still relevant today occurred during the XIX. century. Namely, this is the Industrial Revolution period when large capitalists appear, who pay taxes to the state for their activities, and economic relations are still in force today.
The king held the highest position in society and priests, warriors, and merchants were also part of the upper class. The Maya believed their rulers were related to gods. Rulers were involved in religious ceremonies, led battles, had beautiful clothing/jewelry, and Kings wore huge feather headdresses and capes of cotton, jaguar skins, and feathers. Priests led religious ceremonies and were the most educated. Warriors fought battles with animal headdresses, jade jewels, and jaguar skin capes on their red and black painted bodies. Merchants directed trade among the cities and organized the transportation and distribution of goods. Together the members of the upper class controlled the politics, religion, and ceremony.
Answer:
In 1215, King John of England was forced to sign the Magna Carta stating that the king was not above the law of the land and protecting the rights of the people. Today, the Magna Carta is considered one of the most important documents in the history of democracy.
