Money supply refers to the amount of money available in the economy. It can be in different forms like cash, coins, and balances that are usually held in different checking and savings accounts. It also refers to the entire stock that a country has available within its economy.
Answer: This is an example of HINDSIGHT BIAS.
Explanation: Hindsight bias is defined as the tendency for an individual to calculate too highly the ability to have seen the outcome of an event. It is also known as the knew-it-all-along phenomenon or creeping determinism individuals here feel they already know what will happen after it has happened.
The phrase "life is lived forwards, but understood backwards." is a typical example because for an individual to understand life backwards, it must have already happened. Which is what hindsight bias explains an already occur event. More like predicting the past.
Explanation:
Trade was also a boon for human interaction, bringing cross-cultural contact to a whole new level. When people first settled down into larger towns in Mesopotamia and Egypt, self-sufficiency – the idea that you had to produce absolutely everything that you wanted or needed – started to fade. A farmer could now trade grain for meat, or milk for a pot, at the local market, which was seldom too far away. Cities started to work the same way, realizing that they could acquire goods they didn't have at hand from other cities far away, where the climate and natural resources produced different things. This longer-distance trade was slow and often dangerous but was lucrative for the middlemen willing to make the journey. The first long-distance trade occurred between Mesopotamia and the Indus Valley in Pakistan around 3000 BC, historians believe. Long-distance trade in these early times was limited almost exclusively to luxury goods like spices, textiles, and precious metals. Cities that were rich in these commodities became financially rich, too, satiating the appetites of other surrounding regions for jewelry, fancy robes, and imported delicacies. It wasn't long after that trade networks crisscrossed the entire Eurasian continent, inextricably linking cultures for the first time in history. By the second millennium BC, former backwater island Cyprus had become a major Mediterranean player by ferrying its vast copper resources to the Near East and Egypt, regions wealthy due to their own natural resources such as papyrus and wool. Phoenicia, famous for its seafaring expertise, hawked its valuable cedarwood and linens dyes all over the Mediterranean. China prospered by trading jade, spices, and later, silk. Britain shared its abundance of tin.
My hands hurt now :')
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Answer:
This happens after the union won the Civil war and Abraham Lincoln wants to put the nation back together.
Explanation:
Answer:
Social Development encompasses a <u>commitment to individual and societal well-being</u>, and the opportunity for citizens to determine their own and their society's needs and to influence decisions that affect these. Social change incorporates public concerns in developing social policy and economic initiatives.
Explanation:
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