Answer:
Economists have had an enormous impact on trade policy, and they provide a strong rationale for free trade and for removal of trade barriers. Although the objective of a trade agreement is to liberalize trade, the actual provisions are heavily shaped by domestic and international political realities. The world has changed enormously from the time when David Ricardo proposed the law of comparative advantage, and in recent decades economists have modified their theories to account for trade in factors of production, such as capital and labor, the growth of supply chains that today dominate much of world trade, and the success of neomercantilist countries in achieving rapid growth.
During the 17th century, the Scientific Revolution reached vastly new horizons that greatly furthered our <u>understanding of the physical world</u>. Science advances when the processes through which we discern knowledge become more accurate and reliable, and it always has to start with basic assumptions.
<u>Copernicus'</u> commitment to his radical logical assumptions, went so far as to causing a complete change of paradigm that shifted how the entire world was seen, both cosmically and religiously. We can say for sure that with his theory of heliocentrism, he initiated the Scientific Revolution all by himself.
<u>Kepler's</u> strongest input came with the three Laws of Planetary Motion, discovering that the planets move around the Sun in orbits shaped like ellipses.
Newton presented the three principal Laws of Motion, which served as the basis for all of modern physics. In addition, his introduction and development of calculus became the most relevant method of solving more complex mathematical problems. He also introduced the Law of Universal Gravitation.
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Answer:
- Many banks fail.
- Many businesses and factories fail.
- Millions of Americans are out of work.
- Many are homeless and hungry.
- Families break up and people suffer
Explanation:
- Factories and farms produce more goods than people can buy.
- Banks make loans that borrowers cannot pay back.
- After the stock market crash, many businesses cannot find people who will invest in their growth.
The covenant : The royal covenant was made with David (2 Sam 7). It promised to establish his dynasty forever while acknowledging that its original royal-covenant promises had been given to the ancestor of the whole nation, Abraham.
The significance:
Covenant, a binding promise of far-reaching importance in the relations between individuals, groups, and nations.
lil extra:
it has social, legal, religious, and other aspects. This discussion is concerned primarily with the term in its special religious sense and especially with its role in Judaism and Christianity.
It was composed of escaped African slaves located in Brazil, which saw internal conflict leading to its demise at the hands of the Portuguese
