Which nation? I take it you mean the United States or Great Britain?
Because a few people, unless they invest their money into capital, can only buy so much. How do you justify the purchase of multi million dollar race horses. Who benefits from such a purchase?
How do you justify the purchase of a mansion with 12 bathrooms? Who needs such a place except a family of 13 children and 2 parents?
However, if they are conscientious and spend on capital and business interests, they put their wealth to work and and create jobs which helps many people.
Italy<span> had three advantages that made it the </span>birthplace of the Renaissance<span>: thriving cities, a wealthy merchant class, and the classical heritage of Greece and Rome. large city-states in northern </span>Italy<span>.</span>
Answer:
"The Making of Modern Economics"
Explanation:
Adam Smith proposed a new and broader view of wealth. ... Smith had not been one to let religious attitude restrict his thinking. He believed that more wealth to common people would benefit a nation's economy and society as a whole.
A taping system (aka recording device) installed in the office of the President helped lead to the downfall of President Nixon. While Nixon was president, a recording device was installed in his office to record phone and in-person conversations. When being accused of having ties to the Watergate break-in, the Supreme Court ruled that Nixon must release his taped conversations. These conversations had incriminating evidence and showed Nixon's true intent as president. Ultimately, the evidence discovered by these recorded conversations lead to Nixon's resignation.
