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Rashid [163]
3 years ago
15

Why are economists important?

Social Studies
1 answer:
Reika [66]3 years ago
3 0

Answer:

Economists are important because they study a certain resource and figure out how to distribute it to others to get as well.

Explanation:

For example, An Economist might be studying a very scarce resource. This resource is something that is needed in everyday life. What an economist will do is find a way to make sure this resource is available to everyone. They could so this by creating another version of it or a different kind of it to distribute. Then they are helping the economy.

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"We, therefore, the people of the State of South Carolina, in convention assembled, do declare and ordain.. that the several act
Novosadov [1.4K]

Answer:

South Carolina Ordinance of Nullification, Nov 24, 1832.How was this ordinance a defense of state's rights?

<u>Federal taxes on imports cannot be imposed if the state considers the actions unconstitutional.</u>

What 1828 political party rejected the national bank and supported the presidential campaign of Andrew Jackson?

<u>Democratic Party.</u>

Explanation:

The United States imposed a series of tariffs in the early 19th century to protect and promote US industries over European ones. The most important of these was the Tariff of 1828. While these tariffs benefited the northern industrial states, the agrarian southern ones suffered the most as they imported most of their manufactured products. When president Andrew Jackson failed to significantly change the tariffs in 1832, South Carolina reacted by issuing the "Ordinance of Nullification" in November 24, 1832, declaring the tariffs null and void in the state. <u>They considered that any actions that were against the constitution, such as the federal taxes on imports, can be rendered void by states.</u> The federal government prepared to intervene by force in the state, but the revised Compromise Tariff of 1833 was considered good enough by South Carolina, ending the crisis.

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3 years ago
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