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nirvana33 [79]
3 years ago
11

Which pitfall to sound economic reasoning is illustrated when a person comments that 16) "capitalists focus only on profits and

don't care about their workers"?
Social Studies
2 answers:
ahrayia [7]3 years ago
8 0

Biased economic reasoning is illustrated when a person comments that 16 "capitalists focus only on profits and don't care about their workers."

lubasha [3.4K]3 years ago
6 0

I believe the answer is: Biases

The person who made such comments usually had a a really strong preference in one economic system, to the point where that person refuse to acknoweldge the weakness in their preferred view and the strength in the opposing view. This bias could easily be held by all sides.

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It can be difficult to recognize an agenda or bias when
Marta_Voda [28]
There are many factors that can make recognizing a bias hard, but one of them is if we have the same bias. 

Say for example, that one person thinks that taller people are smarter and they listen to a speech that makes the same statement - they can then think that it's just confirming what they know, and can be a real fact instead of their bias. This will make it harder for them to recognize the bias.
6 0
3 years ago
What is the most frequently used measure of economic development? A. total GDP B. literacy rate C. income tax rate D. GDP per ca
natta225 [31]

He is wrong the answer is d i did the test listen to me.

3 0
3 years ago
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what is the effect of the decrease in demand for U.S. exports on the trade deficit? A) It has had no impact on the trade deficit
Tasya [4]

The correct answer is - D) It has contributed to a negative balance of trade.

The decreasing demand for US exports has had a negative effect on the trade deficit. This kind of situation results in an ever growing imbalance of trade, as the home made products are becoming less demanded, while the importing of goods and products is increasing, constantly making the trade deficit bigger.

That can eventually lead to an economic collapse, economic crisis similar to the Great Depression, as the country will not be able to work in that way forever. The GDP, both the nominal and the per capita, will suffer because of that, which will cause lot of unrest and opposition from the general public.

6 0
2 years ago
Choose any two countries in the world, and briefly discuss the evolution of the government of these countries.
victus00 [196]

The correct answer is, let’s take the cases of Mexico and Argentina.

Mexico has had a major change of power in the presidency in the last elections of 2018, with the victory of a left-sided party called MORENA. The Revolutionary Party (PRI) governed the country for 70 years. It lost the presidency for the first time in 2000 to the right-sided party called National Action (PAN). In 2012, and due to the bad conditions of the country, official national party PRI won again and had 6 disastrous years that made people angry. Andres Manuel Lopez from MORENA left-sided party won the elections in 2018 with a record-setting 53% of the votes.  

The case of Argentina is more critical. The economic situation is very poor and people is getting angry. Since 1991 that the Argentina peso pegged the dollar, things have been worse. President Carlos Menem had two terms both the economic conditions did not improve. The next presidents, Fernando de la Rua and Nestor Kirchner couldn’t do so much and the economy stayed in recession. In a controversial decision, Cristina Kirchnner, wife of former president Nestor, won the election and at the end of her tenure, she was accused of mismanaging of national resources. Mauricio Macri is the actual President and has taken controversial measures that had reduced the money in people’s pockets.  


6 0
3 years ago
Which agricultural inventions prompted the Sung dynasty’s population growth?
Salsk061 [2.6K]

Answer:

This made double-cropping possible in some areas, and in some places, even triple-cropping became possible ... the hardiness and productivity of various varieties of rice were and are in large part responsible for the density of population in South, Southeast, and East Asia.

3 0
2 years ago
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