Slaves made up the lowest social class.
Social stratification is dividing people by class.
Hope I helped! ( Smiles )
prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed
In this paragraph, those who were a part in crafting the Independence Declaration display their familiarity with 2d Treatise on Government: Of Civil Government of John Locke. sound judgment of particular circumstances-tells us that people should think long and hard before trying to overthrow any government, however evil.
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The determination of the exchange rate is made through the currency market. The exchange rate as the price of a currency is established, as in any other market, by the meeting of supply and demand of currencies. If you analyze, for example, a hypothetical situation, in which there are only two currencies the euro and the dollar. The demand for dollars (supply of euros) arises when consumers in different European countries need dollars to buy goods from the United States. In the same way dollars are needed if a European company wants to buy a building in New York, when a German citizen travels as a tourist to San Francisco or if a Swedish company buys shares in a US entity, but there may still be an additional reason to demand dollars that is pure speculation, that is, the thought that the dollar will rise in value against the euro will cause the demand for dollars to rise.
If the opposite is analyzed, the supply of dollars (demand for euros), this is done by all those companies and citizens who need euros for their needs (basically the same ones that we have analyzed before, purchase of goods and services, investments and speculation. )
The balance in a competitive market between supply and demand will mark the price of the dollar against the euro or what is the same the price of the euro against the dollar. In currency markets depreciation is known as the decline in the price of one currency over another.
Eurasia is the combination of some parts of Europe and asian continent.
Religious view on wealth combination in these two regions were massively different.
Europe that dominated by Christians actually see wealth accumulation as acceptable as long is you don't let your life being controlled by it (eventhough the facts is many religious leaders actually lavished with a lot of wealth compared to commoners)
In asian continent that dominated by Buddhism, Confucianism, or Hinduism, wealth accumulation is seen in a more negative connotation compared to the European view.
