Poverty and unemployment are likely to be explained in terms of situational influences by political liberals and in terms of personal dispositions by <span>political conservatives.
Poverty and unemployment are the two noteworthy difficulties that are confronting the world economy these days. Joblessness prompts financial problems and decreases the general buying limit of a country.
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Answer:
Explanation:
Expanded suffrage – The Jacksonians believed that voting rights should be extended to all white men. By the end of the 1820s, attitudes and state laws had shifted in favor of universal white male suffrage and by 1856 all requirements to own property and nearly all requirements to pay taxes had been dropped.
Answer:
They believed that it will make colonists in Massachusetts obey the rule.
Explanation:
After the Boston Tea Party British government decided to impose new rules in the colony of Massachusetts. They were convinced that new acts will prevent colonists to rebel against the authority. Restrictive as they were, not only they did not prevent colonists to rebel against them, but enraged them even more. This eventually led to Revolution in the colonies.
Answer:
Large budget deficits may reduce private investment, thereby stifling economic growth.
Explanation:
Crowding out is a term that describes the situation that occurs when the increase in involvement of the government in a particular sector of the market economy, has a direct effect on the remaining market, either on the demand or supply side of the market.
Therefore, crowding out effects which can be caused as a result of government financing large budget deficit, thereby, making them to be involved on a particular sector of the economy, will result to government needing more capital, hence encouraging savings, through increased in interest rate, or selling of bonds and treasury bills with attractive returns, which will leads to reduction in private investment spending, such that it affects negatively the increase in inital total investment.
