This behavior is an example of Moral hazard
.
Option A
<u>Explanation</u>:
Moral hazard is a behavior occurs when a person increases his/her exposure to risk when insured or have a financial assistance. In this situation ''person takes more risks" because someone else is there to bear cost of risks. In the above situation, Martha used to spend less before but when she got the scholarship she started spending more as having a financial security of scholarship. Other options - pecuniary externality, the paradox of thrif and the free-rider problem are incorrect as do not have any relevance with the case of Martha.
Answer:
Although unified politically, the United States was hurt by sectionalism, or competition among sections or regions of the country. In the early 1800s three major sections emerged: the industrial Northeast, the agricultural South, and the largely frontier West.
Explanation:
1. The two different groups are planters and overseers and they were differentiated by which person had more money and property.
2. The Southern class order were planters, small farmers, tenant farmers, and slaves.
3. In the mid-1800s, prisoners were given special training and therapy
Answer:
The Mississippi River allowed quick transportation.
Answer:
D. Judicial Activism
Explanation:
Judicial Activism is the judicial philosophy that argues the Court should go beyond the words of the Constitution or a statue to consider the broader societal implications of its decisions.
It is the opposite of Judicial Restraint, as a judicial philosophy theory, which limits the power of judges to act only as per existing legal provisions under constitution.
