Overspeculation in the stock market was the main cause of the Stock Market Crash of 1929 (Black Tuesday). This overspeculation was worsened by peoples' lack of knowledge on how the stock market functions and led to over-inflation of stock prices
Smith had not been one to let religious attitude restrict his thinking. He believed that more wealth to common people would benefit a nation's economy and society as a whole. In The Wealth of Nations, Smith described a self-regulating market.
The 1994 congressional effort to convert Aid to Families with Dependent Children (AFDC) to a block grant was the first time an entitlement program was transformed into a block grant. Therefore, the option B holds true.
<h3>What is the significance of block grants?</h3>
Block grants are such grants that are completely contingent on whether they will be utilized by the government or not. When the AFDC was converted into a block grant from the TANF entitlement program, it became the first ever transformation of its kind done by the government.
Therefore, the option B holds true and states regarding the block grants.
Learn more about block grants here:
brainly.com/question/17770080
#SPJ1
Answer:
High achievement
Explanation:
In high achievement norm, every single state of a certain social group will constantly motivate themselves to make improvements or to produce the best possible results on their tasks within their group.
This is why the phrase "always try to do their best" Or "Constantly thrive for improvements" always prevalent among high achievement groups.
Typically, high achieving social group wouldn't be formed naturally. It has to be formed through a strict and rigid selection process in order to eliminate people with undesired behavior.
