Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
They created a democracy untainted by wealth, privileged birth or corruption where every (eligible) citizen can take part in politics/ assembly.
Answer by YourHope:
Hi! :)
Which best defines humanism?
C) A movement that stressed the wisdom of the classics, the dignity of humans, and human potential!
:)
Answer:
C. Doubled the size of the country
Explanation:
The Louisiana Purchase was a massive land purchase in American History that doubled the size of the country.
