Men always had the right to vote
The correct answer is D. It provides owners with a strong incentive to develop and use assets in ways that others value highly.
Explanation
Private property is a concept used in the field of economics to refer to the right of an individual or organization to independently own and control a good. This allows homeowners to use these means to promote their economic prosperity. In general, private property refers to the means of production or transformation of raw materials that give added value to objects. So the correct answer is D. It provides owners with a strong incentive to develop and use assets in ways that others value highly.
Answer:
The correct response of the options given is Option D: It has a steady and stable monthly payment.
Explanation:
A mortgage has advantages over renting a home because it allows you to invest in an asset and accumulate some wealth in the value of the home. It is also predictable in the sense that you can negotiate a fixed-rate mortgage and know what the scheduled payments will be for the life of the mortgage loan. However, you are usually responsible to put down some down payment as an investment upfront, and as a homeowner, you are responsible for the maintenance and repairs whereas renting in most states in the United States, for example, the tenant is not responsible for major repairs to the rental property.
Tariffs have historically served a key role in the trade policy of the United States. Their purpose was to generate revenue for the federal government and to allow for import substitution industrialization (industrialization of a nation by replacing foreign imports with domestic production) by acting as a protective barrier around infant industries.[1] They also aimed to reduce the trade deficit and the pressure of foreign competition. Tariffs were one of the pillars of the American System that allowed the rapid development and industrialization of the United States. The United States pursued a protectionist policy from the beginning of the 19th century until the middle of the 20th century. Between 1861 and 1933, they had one of the highest average tariff rates on manufactured imports in the world. However American agricultural and industrial were cheaper than rival products and the tariff had an impact primarily on wool products. After 1942 the U.S. promoted worldwide free trade.
According to Dartmouth economist Douglas Irwin, tariffs have serve three primary purposes: "to raise revenue for the government, to restrict imports and protect domestic producers from foreign competition, and to reach reciprocity agreements that reduce trade barriers."[2] From 1790 to 1860, average tariffs increased from 20 percent to 60 percent before declining again to 20 percent.[2] From 1861 to 1933, which Irwin characterizes as the "restriction period", the average tariffs increased to 50 percent and remained at that level for several decades. From 1934 onwards, which Irwin characterizes as the "reciprocity period", the average tariff declined substantially until it leveled off at 5 percent.[2]
