Sharia courts’ bias towards wealthy Muslim men during the Ottoman Empire may have contributed to its downfall, according to a major study of nearly 200 years of case records.
An American economist looked at rulings handed out between 1602 and 1799 and noticed the judges’ efforts to help people “considered worthy of support” had a significant "unintended consequence".
Because Ottoman elites could rely on support from the courts during contract disputes, they had to pay significantly higher rates of interest on loans than women, non-Muslims and the poor, who were less likely to default because they would face legal punishment.
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Explanation:
The United States policy of containment related to the Marshall Plan because the United States believed that the economic aid provided by the Marshall Plan would help contain the spread of communism
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Structural Mobility
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Structural mobility happens when societal changes enable a whole group of people to move up or down the social class ladder.
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c
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he was responsible for watergate
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In simple words, Apprenticeships for craftsmen were no longer needed with the rise of industrial development, and labor became discommoded. The Industrial Revolution has resulted in the widespread proliferation of low-cost goods, ushering in a commercial society that signaled the end of many urban Americans' traditional lifestyles. The Industrial Development exemplifies the concept of scale economies. Increased output of products, as per this theory, increases overall productivity.