Answer:
FALSE
Explanation:
The operational lag of fiscal policy is the time gap between the adoption of a corrective measure and the perception of its effects on the economy. For example, in a recessionary context, analysts and the Fed have no difficulty predicting the economic problem, as there are statistical software and predictive models that can predict recessive economic scenarios. However, through economic policies, the government takes steps to reverse the recessive picture. By their nature, these policies demand a time between their adoption and their effect on the economy, which is operational lag.
Answer: Industrial Revolution
Explanation:
In the 1800's, Industrial Revolution became the transition to a new manufacturing process. This occurred between 1760 and 1840. Previously, activities were done majorly by hand production until this revolution came. It changed the industry and made it easier to carry out production.
The answer to this is letter "B".
The correct answer to this open question is the following,
Although there are no options attached we can say the following.
Lord Cornwallis implemented the police law in 1793.
We are talking about the Cornwallis Code, established in 1793 in the times when Lord Cornwallis was the governor of India.
Under the circumstances in which India was living, he had to create a code with important legislation to put some order in the region. It basically was an administrative set of laws. Some historians refer to t as the Bengal system.
The code included three important provisions to better manage the East India Company. These provisions were commercial, revenue, and judicial. This also was part of the Zamindar system or the taxation of hereditary revenue.
General Charles Cornwallis, has had the knack to change the way the Indian society lived by installing new process to improve the administration of the country, improve the basic services, changed the way revenue was collected, fixed the court services, and reduced the nepotism inside the British East India company.
