Henry Ford was an American industrialist. And he developed and manufactured the first automobile that many middle class Americans could afford Albert Einstein was a German-born theoretical physicist. He developed the general theory of relativity, one of the two pillars of modern physics.
Households dissave when en their consumption exceeds their incomes. The extra money comes from two sources: credit and past incomes, also known as savings. When a house dissaves it can either borrow money from financial institutions or spend money that was previously saved. Everyone cannot dissave at the same time because banks would not have enough money to fund everybody's excessive consumption.
The colonies were known as the royal colonies.
Ivan pavlov introduced the concept of CONDITIONING when he taught a dog to salivate at the sound of tuning fork
The same condition happen to human. Our brain response to our exact habitual conditioning that's why sometimes it's very hard to lose/change a habit.
For example, if you condition yourself that you need to hold some sort of doll before you went to sleep, it will be hard for you to sleep if somehow that doll is not in your possession<span />
