Public goods are those goods and services provided by the government because a market failure has occurred and the market has not provided them. Public goods are economic products that are consumed collectively, like highways, sanitation, schools, national defense, police and fire protection. ...
Answer: The correct answer is : True
Explanation: Non-normative factors refer to biological and environmental determinants that are significant in their effect on vital histories, individual but not general. For example : . a person's health event, a job change, the death of a close relative or a divorce.
The way <span>humans impacting the global water cycle when they pave, convert forest to agriculture and irrigate that agriculture is: </span><span>The water table is dropping on every continent.</span>
<span>
When people decided to get rid of a forest in order to build a resort or apartment, for example, we will be very likely to destroy a lot of water sources that would increase the chance of us experiencing a shortage in water supply.</span>
The constitution changed the United States by giving the people the right to vote.
Answer
Hi,
- Gross Domestic Product (GDP) represents the health of an economy by measuring the total income of the economy and total expenditure of the economy on goods and services. When the GDP is strong, workers in the country are hired more and the companies can afford to pay the needed wages resulting to more spending by customers. More firms will invest in various business operations when the GDP is strong. Higher the investments will mean a growing economy in future.
- GPD represents an overall strength/weakness of an economy in the following ways;
• A strong GDP represents strength of an economy because companies will employ more workers and pay better salaries and wages. This will mean that people will have more to spend for goods and services enabling the government to get taxes.
• A weak GDP represents a weakness in the economy in that firms will lose the confidence to invest more because the economy will be proceeding to recession. Employees might face retrenchment and wages/salaries may be lower than expected.
Best Wishes!
