By “inflation is like taxation without legislation” Morgan Friedman meant like inflation gets new money into economy and raises revenue, does not mean that it is a part of the legislation.
<u>Explanation:</u>
Inflation means rise in the prices of the goods and services of the economy at a continuous rate. With the increase in the prices, the revenue of the government also increases and new money also comes in to the economy, just like tax is a source of revenue for the government. But this does not mean that inflation is a part of the legislation or a part of the law, like the taxes are a part of the legislation.
Answer: Under the Permanent Settlement, the rates of revenue were fixed permanently, i.e. it was not to be increased ever in future. But in the mahalwari system it was decided that the rate of revenue would be revised periodically, not permanently fixed.
Under the Permanent Settlement, the zamindars were given the charge of collecting revenue from the peasants and paying it to the Company. But in the mahalwari system this charge was given to the village headman.
Explanation:
Answer:
The Committees of Correspondence were formed to increase communication between the different colonies.
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8:1.D 2.B 3:A 4:E 5:C
9:A
10:Becasue they didn't want to lose too many soldiers in the war
Answer:
Explanation:
Natural fortifications also helps defend a country. For example the Alps in Italy defends them very well. Rivers can also be a defensive position a country can fall back to. So no, fortifications and defenses arent the only thing. Nature is able to help too.
