<span>taxes are mandatory financial charges or some other
type of levy imposed upon taxpayers by a governmental organization in order to fund various public
expenditures.</span>
Answer: Here is the correct order of events in Supply-side economics:
1) Taxes are lowered
2) Consumers and investors have more money
3) Businesses expand
4) Businesses prosper
5)The economy grows
Explanation:
This concept is a huge part of Ronald Reagan's economic policies during his presidency. This becomes a central focus of "Reaganomics." He uses this policy to drive the American economy during his 8 years as president.
The increase in the trade of silver during the period between 1550 and 1800 is due to the fact that silver was started to be used as a standard currency for trade purposes. Even though it was not considered as "legal tender", as it would later be used for this purpose with the introduction "Bimetallism" in the 19th century, it was widely adopted as a tool for trade among the civilizations that existed at the time.
Napoleon was able to conquer much of Europe because of its proximity to France and because most of those places did not have any geographically threatening areas. The geography of Russia however led to his downfall because the climate did not allow for his success, he and his men almost froze to death before conquering Russia.
Hope this helps :)
