The right answer for the question that is being asked and shown above is that: "The value of paper money decreased, leading to inflation." The statement that was a direct consequence of Andrew Jackson's Bank War is that <span>The value of paper money decreased, leading to inflation.</span>
Answer:
The statement is False.
Explanation:
Capital formation is basically the increase in the stock of capital in a country. The stock of capital includes the goods or things that help in creating capital. Capital formation include Machines, Factories, Transport Equipment, Tools, Materials, Electricity. All such things are used for the future production of goods or services which will increase the stock of capital for the companies and for the economy of a country as well. Deep down the concept of capital formation, buyers and sellers are involved, but it is not solely dependent upon them. Capital formation is simply the generation of capital in a country.
In dual federalism, both the state government and the federal government have their own jurisdiction and respect each other's jurisdictions in legislation without interfering. There is a clear difference in who deals with what and they don't intervene with one another when they are making policies. Because of this, it is also known as the layer cake federalism.
Cooperative federalism is the opposite of dual federalism. In cooperative, both the state government and the national government work together when making policies. It is called also the marble cake federalism because like the marble cake, it's all mixed and not clearly separated into layers.
An example of dual federalism in the United States can be when local, state governments, make policies regarding aid programs to people in the state. The federal government approves and allocates funds but the state can make policies regarding aid to some of its citizens independently of the federal government.
An example of cooperative federalism in the United States can be making policies regarding environmental protection. For example, the federal government can make a set of laws to protect the environment and reduce carbon dioxide emission, while a state government can create a local program that would help factories switch to clean energy in order to adhere to the law.
