Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
<h3>The Declaration of Constitutional Principles was a document written in February and March 1956, in the United States Congress, in opposition to racial integration of public places. ... All of the signatories were Southern Democrats except two Virginia ... Their opposition earned them the enmity of their colleagues for a time..</h3>
- economic disputes (restrictions of u.s trades)
- Royal Navy’s impressment of American seamen
(Keep in mind you didn't list any reasons so it would be kind of hard to answer)
Well, there are a few reasons, but I will give you an advantage, where you can find the disadvantage from it.
Europe has a small coastline, but with it, there's a sea that leads straight to north America. That means there's easy transport of goods.
