I think the correct answer would be the Mellon's tax cuts. Harding passed this law to reduce income taxes and to abolish excess profit taxes from companies. The argument made here that made Harding agree would be that lower tax rates would increase tax revenues. Hope this helps.
If the borrower stops making the promised loan payments, the lender can seize the collateral to recoup its losses. Since collateral offers some security to the lender should the borrower fail to pay back the loan, loans that are secured by collateral typically have lower interest rates than unsecured loans.
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Answer:
C. The more important positions in society require better qualified people.
Explanation:
The Davis-Moore thesis is all about justifying social stratification and it was written by Kingsley Davis and Wilbert Moore as they believed that some tasks or jobs are more valuable than others and the people who perform the more valuable work will be better rewarded which will in turn make them work harder.
From the given outline, the missing outline of the thesis is option C that states that the more important positions in society require better qualified people.
Answer:
The Soviets refused to allow elections in Eastern European nations.
Explanation:
After World War II, the European nations were divided into influence zones. The Eastern nations felt in the hands of the Soviet Union which introduced communism as a political regime.<u><em> In these nations, it was not possible to have an election because, according to Communism, the State is the one that "chooses" the leaders. </em></u>
