CO would be Carbon Monoxide
<span>The Louisiana Purchase (1803) was a land deal between the United States and France, in which the U.S. acquired approximately 827,000 square miles of land west of the Mississippi River for $15 million.</span>
1933: New Deal / cooperative federalism / marble cake federalism cause a change in the makeup of the power balance between local, state and national goverment in the following way
Explanation:
- The United States moved from dual federalism to cooperative federalism in the 1930s. National programs would increase the size of the national government and may not be the most effective in local environments. Cooperative federalism does not apply to the Judicial branch of the government.
- Each level of government is dominant within its own sphere. ... Marble cake federalism – Conceives of federalism as a marble cake in which all levels of government are involved in a variety of issues and programs, rather than a layer cake, or dual federalism, with fixed divisions between layers or levels of government.
- As a theory, dual federalism holds that the federal and state governments both have power over individuals but that power is limited to separate and distinct spheres of authority, and each government is neither subordinate to nor liable to be deprived of its authority by the other.
- The first, dual federalism, holds that the federal government and the state governments are co-equals, each sovereign. In this theory, parts of the Constitution are interpreted very narrowly, such as the 10th Amendment, the Supremacy Clause, the Necessary and Proper Clause, and the Commerce Clause
- The advantages of this system are that it protects local areas and jurisdictions from the overreach of the federal government. The framers of the Constitution were afraid that the federal government would have too much power, and this system was a means of preventing that situation from developing.
- Historically, the definitive example of dual federalism is the United States. ... These states can check the federal government through judicial action. Europe, too, has a system of dual federalism, albeit set up with state traditions. The European Union (EU) is organized into a federalist government with limited powers.
If an important resource, such as oil, becomes unavailable, the production possibilities curve a. shift inwards.
"The production possibility frontier (PPF) is a curve on a graph that depicts the possible amount that can be produced or made of two products, if both are based upon the same limited resource for their creation. The Production Possibility Frontier is also termed as the production possibility curve. If it shifts inwards, it means the economy is shrinking due to a collapse in issuing resources and production capacity."
"The production possibility curve (PPC )is necessary because it helps in indicating the maximum possible production of items , in fixed resources. In macroeconomics, economists study and support a country or other organization's economic activity with its help."
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