Robust knowledge is knowledge that has stood the test of time and survived constant criticism. When a piece of knowledge is examined for its truthfulness, critics make a consensus over whether it's correct or not. The knowledge becomes robust if a consensus is reached on its truthfulness and if it survives criticism from different sides and angles. This is difficult to apply to history because those who make history usually have a different perception of what happened. What was an assassination in the mind of one country, is a move of fighting for freedom in another country. That's why a consensus needs to be made on a global scale regarding historical developments and it is done through the academia where people write papers and critics from all over the world critique them to eventually reach an idea of truthful global history.
The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the weight of the next-best option when a decision is made; it's what is given up,” describes Andrea Caceres-Santamaria, aging financial education specialist at the St. Louis Fed, in a current Page One Economics: Money and Skipped Opportunities
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Answer:
The Iceni, led by Queen Boudicca
Answer:
The land known as Canaan was situated in the territory of the southern Levant, which today encompasses Israel, the West Bank and Gaza, Jordan, and the southern portions of Syria and Lebanon.
Explanation:
Answer:
A) Minimum wage increases
Explanation:
An increase in the costs of raw materials or labor can contribute to cost-pull inflation. Demand-pull inflation can be caused by an expanding economy, increased government spending, or overseas growth.
military spending raises prices for military equipment. When the government lowers taxes, it also drives demand. Consumers have more discretionary income to spend on goods and services. When that increases faster than supply, it creates inflation.
Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product