The decline of the united states standing in industrial power since the 1960s is considered a relative decline because it is a reflection <u>of the faster </u><u>economic</u><u> </u><u>growth</u><u> of other countries.</u>
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Economic growth may be defined as the increase or improvement in the inflation-adjusted marketplace price of the goods and services produced by an economy over a certain period of time. Statisticians conventionally measure such a boom because of the percent fee of increase in the actual gross home product, or real GDP.
Broadly talking, there are main resources of economic growth: growth in the size of the workforce and increase in the productivity (output per hour worked) of that workforce. Either can increase the overall size of the economy however only a strong productivity increase can increase per capita GDP and earnings.
The economic increase is driven oftentimes by consumer spending and business investment. Tax cuts and rebates are used to return money to consumers and boost spending. Deregulation relaxes the rules imposed on businesses and has been credited with creating growth but can lead to excessive risk-taking.
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Answer:
The right answer is:
The expanding role of the federal government.
Explanation:
FDR took over during the Great Depression, a time of enormous hardship, high unemployment rates, and suffering. His administration promoted legislation that created several social programs and led welfare policies. Some of the benefits created during that era became permanent social benefits in the USA, for example, retirement pensions and other benefits. This caused the enlargement of bureaucracy and government offices in the 1930s and in the following decades.
I'm pretty sure the answer is B
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The Egyptians believed the Nile River provided fertile land. They thought the river would offer good soil to plant their crops.
Answer:
Access to seaports has little effect on Greece's Economy
Explanation:
(i just had this test, this is the answer, Sea ports meant trade, imports, exports, which was the basis of Greece's economy, so this answer is not true)
