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The purpose of the Townshend Acts was to raise revenue in the colonies to pay the salaries of governors and judges so that they would remain loyal to Great Britain, to create a more effective means of enforcing compliance with trade regulations, to punish the province of New York for failing to comply with the 1765 ...
Answer:
D. Understanding and adaptation
Explanation:
Understanding and adaptation is the stage in socialization, where an individual adopts the goals and values of the organization. At this stage, the individual has undergone metamorphosis or change.
The preconceived ideas which he had about the organization at the encounter stage, is now removed and he adapts to the reality on ground. His ability to communicate effectively with insiders in a language they can understand is reflective of the change he has undergone.
Answer:
Large budget deficits may reduce private investment, thereby stifling economic growth.
Explanation:
Crowding out is a term that describes the situation that occurs when the increase in involvement of the government in a particular sector of the market economy, has a direct effect on the remaining market, either on the demand or supply side of the market.
Therefore, crowding out effects which can be caused as a result of government financing large budget deficit, thereby, making them to be involved on a particular sector of the economy, will result to government needing more capital, hence encouraging savings, through increased in interest rate, or selling of bonds and treasury bills with attractive returns, which will leads to reduction in private investment spending, such that it affects negatively the increase in inital total investment.
B. Bantu is the correct answer!