Answer:
B. decrease in imports
Explanation:
The formula to calculate GDP is: GDP = C + G + I + X - M
In that, C stands for consumer spending, G stands for government spending, I stands for investment, X stands for exports and M stands for imports.
As indicated in the formula, consumer spending, government spending, investment and exports are directly proportional with GDP. So that when there is a decrease in these factors it would result in a decrease in GDP as well.
Oppositely, import is inversely proportional with GDP, thus a decrease in import will lead to the increase in GDP, causing the economic growth.
The increase of technology used during the construction of the railroads and factories is considered the second Industrial Revolution. This is because of the many inventions and help of transportation use. Hope this helps.
Answer: Adam Smith
Scottish philosopher Adam Smith (1723-1790) was strongly critical of the economic system that prevailed in his era. Smith criticized what he called the "mercantile system" because it restricted trade and thus restricted economic growth. The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated. The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything. Colonies were created to provide raw materials and resources to the mother country and a market for the mother country's products. Commerce was heavily controlled by the government through charters granted to specific trading companies.
Adam Smith countered by advocating a free market -- the opportunity individual businessmen and for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles. We also speak of <em>"laissez-faire"</em> ("let go") as a term for this sort of free-market economy, set free from government controls. This term came from a French group of thinkers called the Physiocrats (meaning "rule by nature') who were working during the same 18th century era as Smith. The Physiocrats and Smith were in agreement about getting government out of the business of controlling business.
Answer:
D) The arrival of fresh troops to the allied side forced Germany to agree to a ceasefire within a year
Explanation:
Answer:
When mapmakers talk about balance it is about element placing. They need to make a map that is not crowded but also not full of blank space or any blank space at all. This leads to them excluding many elements of a given region just because there is not enough space on the paper to put it on. In order to put more elements on a map, map creators create maps of different scales and regions so that more details could be incorporated into a map.
