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Answer:
Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment; it can influence the long-run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets. Moreover, differences in demographic trends across countries can be expected to influence current account balances and exchange rates. So to understand the global economy, it helps to understand changing demographics and the challenges they pose for monetary and fiscal policymakers.
Answer:
Constitution of 1890
Explanation:
The constitution of 1890 put literacy test as a requirement for people before they were allowed to cast their votes during the election.
At that time, the constitution was designed to reduce the power of minorities vote in the government.
A lot of black citizens during that time period did not have access to education due to their poor economic condition. As a result, black communities had a high illiteracy rate compared to white communities. This made a lot of black people unable to cast of their votes and choose their representatives within the government.
