The assertion is true. In a republic, laws are made by elected officials to control the economy.
How does the economy of a republic get shaped by its government?
The government permits people to run their own enterprises. Personal property ownership is prohibited by the government.
Government authorities enact laws to influence the economy through market control, producer benefits, and compliance with the law. The government imposes limitations or restrictions on commercial activity through regulation.
As a result, option (a) true is correct.
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This really subjective on your situations depends on at what age group you're in, but most experts believe the answer is 15 %.
The most popular method in managing your finance is the 50/30/20 rules.
50 % allocated for necessities (such as housings and foods)
30% allocated for lifestyle (such as place to hang out)
20% allocated for financial related matters.
From those 20 % allocation, 15 % is advised for savings and 5% for others financial matters if you're in your 20s
When he left Stromford, Crispin did not know what was written on his mothers cross of lead because he could not read.
Mercantilism is the correct answer <span />