Jacob isn't one of the Great Partriarchs who had once built altars.
Alexis de Tocqueville would most likely agree with the conclusion that <u>A. The United States and France</u> both were born of violent revolution and achieved democracy after decades of political turmoil.
<h3>Who was Alexis de Tocqueville?</h3>
Alexis de Tocqueville was a French writer, political scientist, historian, and politician.
Alexis de Tocqueville is best known for writing a masterpiece, "Democracy in America."
Thus, Alexis de Tocqueville would most likely agree with the conclusion that <u>A. The United States and France</u> both were born of violent revolution and achieved democracy after decades of political turmoil.
Learn more about Alexis de Tocqueville at brainly.com/question/19293152
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Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
They all are states..that what they have in common..
