A budget deficit occurs when government expenditure is greater than revenue. When this happens the government is now forced to acquire loans to remedy the deficiency and as such national debt grows. A budget surplus occurs when revenue is greater than expenditure. When this occurs there is no need to get more loans and the surplus can now be used to service the national debt; thus reducing it.
Absolute monarchy is established in England is a correct statement.
Who is James II?
James II reigned as king of England, Scotland, and Ireland from 1685 to 1688. He was born in 1633. He gave a religious minority the freedom to practice their faith as Britain's final Stuart and Catholic king.
In order to emulate his cousin, the French Catholic King Louis XIV, James decided to model his rule after his. This entailed concentrating political power around the throne, giving the monarchy total control over England.
As a result, option (b) is correct.
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<span>Werner von Siemens (none of the others were industrialists)
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Answer:
True.
Explanation:
In the year 1776, all thirteen colonies of America were fighting against British rule, after a decade of struggle over taxation and state delegation. The colonies decided to make a document that can justify why are they claiming freedom thus, they selected a committee of five members to draft this document.
Consequently, The Declaration of Independence on July 4, 1776, made the colonies of America free from the occupation of Britain. And it is in the body section that the Declaration of Independence serves as an intended plan of procedure, in that it records decisions and practices to be modified.
Option 2 I know because I had to answer the same question at some point.
