Because the president is over a democracy
PROS
<span>Fat Pay Cheques </span>
<span>Change in lifestyle for the better </span>
<span>Chances of going abroad </span>
<span>CONS </span>
<span>Pay cuts due to recession </span>
<span>Loss of jobs due to market slowdown </span>
<span>Depression from long work hours </span>
<span>Family tensions as work hours take a toll on relationships
your very welcome
</span>
Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
Answer: Petroleum, Electricity and Steel
Explanation: The second industrial revolution is a period between the late 19th to the early 20th century which is characterized by massive growth and expansion of industrialization. The second industrial revolution is also known as the technological revolution most notable for steel production, expansion in electrification which was previously limited to very few cities and development of Petroleum and gas supply.