"Trickle-down": supply-side economics creates tax cuts for the wealthy.
Supply-side economics suggests tax cuts for the wealthy. Those tax cuts will be used to create new jobs. New jobs will give more money to the middle-class.
This economic policy makes sense in theory and in some cases the tax cuts resulted in more jobs and higher wages. However, mostly it led to a large gap in wealth as the wealthy kept the money instead of reinvesting in jobs and wages. Eventually as the US moved industry overseas, tax cuts for the wealthy meant the expansion of jobs overseas instead of American jobs. Meanwhile the middle-class pay higher taxes to make up for the loss of taxes from the upper class.
Areas like the Indus Valley Civilization (India), Egypt and China developed advanced civilizations first. Yes, geography played an important role. All of these civilizations had large rivers to support agriculture, Indus river in Indus Valley Civilization, Nile river in Egypt and Yellow river in China.
Answer:
All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.
The House of Representatives shall be composed of Members chosen every second Year by the People of the several States, and the Electors in each State shall have the Qualifications requisite for Electors of the most numerous Branch of the State Legislature.
Explanation:
After world war two, we expended a lot of our resources and and dropped Americas economy therefore putting us in the Great Depression.
Firstly it meant a great expansion of British territorial claims in the new world. moreover the war generated substantial resenment towards the colonists among English leaders who where not satisfied with the financial and military help they had received from the colonists during the war . all these factors combined to persuade many English leaders that the colonies needed a major reorganization and that the central authority should be in London.
