Answer: In accordance with the neoclassical economics, the monetary value of a commodity or service is considered as the price of the commodity in an open market. This value is generally determined by the forces of demand and supply , i.e the demand for the commodity relative to supply. Several neoclassical economist evaluate the value of a product or service with the price, irrespective of the market being competitive.
Answer:
These findings present a direct challenge to the assumption that vicariously discharging aggressive impulses reduces aggression.
Explanation:
Some professionals think that people can reduce stress and diminish their feeling of anger by practising sports. Also, they think rough sports are commonly seen as a vicarious way of discharging agressive impulses. This is because spectators feel identified with the athlete, but in the example mentioned before, this theory proved to be inconsistent.
Answer:
The Vietnam War was a long, costly and divisive conflict that pitted the communist government of North Vietnam against South Vietnam and its principal ally, the United States. The conflict was intensified by the ongoing Cold War between the United States and the Soviet Union.
Explanation:
The Hammurabi code was appropriate for checking the impunity of that era, where the poor and the weak lived at the mercy of the strong and wealthy.Some aspects however are no longer applicable with the modern conception of justice and fairness. For example,binding creditors to sell their wives and children to repay their debts is no longer practical but also cruel.
