Answer:
1. Slaves were able to complete any task that required manual labor
2. Enslaving people was extremely profitable as you don't pay slaves a salary.
3. With the increase and advancement in technology, the need for slaves went up, as manual labor also increased.
Explanation:
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The term that is defined as the maximum legal price for a good or service is the price ceiling.
Explanation:
A price ceiling happens once the government puts a legal limit on how high the worth of a product may be. so as for a price ceiling to be effective, it should be set below the natural market equilibrium. When a price ceiling is about, a shortage happens. For the worth that the ceiling is about at, there's a lot of demand than at the equilibrium worth. there's additionally less offer than at the stability worth, therefore there's a lot of amounts demanded than the amount provided. Associate degree inability happens, since at the worth ceiling amount equipped the marginal profit exceeds the distinctive cost. This inefficiency is adequate to the deadweight welfare loss.
Medicare is a federal program providing medical care for the elderly which is established by a health insurance bill in 1965, as part of President lyndon johnson great society in which the medicare program made an important step for social welfare legislation and be of assistance found the growing population of the elderly as a pressure group. The mandatory spending are those misuse items in a budget that must be to be paid. In the federal budget, the widely held of spending items are obligatory and consist of social security, medicare, medicaid, payment on the national debt, and definite constituents of defense expenditure.
House of representatives and senate because they are the legislature and the legislature make the laws
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