Citizenship of a country or sovereign state is defined as legal membership of the said country; this status varies from country to country and can be obtained through birth, marriage as well as naturalization. Citizenship can usually be obtained by parentage, the location of birth and application for citizenship. Once a citizen of a country you then are legally bound to its laws and subject to punishment if you break them; also citizenship in a broader sense is acceptance of cultural norms within a certain country.
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The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in a very business-driven society.
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<h2>The 1968 act expanded on previous acts and prohibited discrimination concerning the sale, rental, and financing of housing based on race, religion, national origin, and since 1974, sex. Since 1988, the act protects people with disabilities and families with children.</h2>
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This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
