<span>The rising price of gold causes people to buy silver jewelry instead.
substitution effect
</span><span>When the price of chicken increases, families reduce their chicken intake substantially.
income effect
</span><span>A new factory in a village provides livelihoods for the villagers.
positive externiality
</span><span>A new factory in a village causes noise pollution.
negative externiality
</span>
Answer:
Yes, it is possible to achieve nationalist goals through peaceful movements.
Explanation:
Revolution refers to a significant, rapid overthrown of a political regime by the people using violent means. However, as society evolved to its current modern state there are more alternatives than to opt for revolution. Secondly, the violent methods of the revolution to achieve nationalistic goals are difficult to justify these days. The peaceful civil protests have seemed to be successful in recent times.
What aspect of human interaction can we attribute to this success?
- reciprocity
