The British government imposed taxes to help recover financially from the French and Indian War. They had a lot of debt from the war. Debt means money that is owed.
Act sought to curb the power of Labour unions which had been given greater power under the Wagner act.
Explanation:
Charles Craver explains the intent of Congress to pass the Tart-Hartley Act. It was done to curb the overarching power of the labour unions and labour bosses in a bid to protect the workers. The act was passed by congressmen Fred A Hartley and his republican colleague who have felt the need for curbing the Wagner act which had provided over-arching powers to the labour unions.
Under the Taft-Hartley Act, not only the right of workers to form unions was protected but also member’s right to defy the union leaders to call for territorial strikes or to take harmful action against workers was expanded. In a nutshell, the act cut short the power of the union to subdue the economic growth prospects, profits as well as opportunities of the individual worker.
This quote can be understood as Jefferson's dislike for government with a strong power- a government that wants to control and regulate too much can harm the people rather than be beneficial for them. For this reason the concept of limited government was developed-a government that does not have too much power
Producers specialize thus they can gain a comparative advantage in the production and increase the efficiency of the product.
Option: b and d
<u>Explanation:
</u>
Producers choose to specialize in a particular thing because making themselves perfect in manufacturing that one thing will make them to gain a comparative advantage to the other producers. Suppose one has specialization in making cotton and woolen materials with good designs then they are superior in the field of the textile industry. And sometimes they export things which leads to a great profit for them. Hence specialization gains comparative advantage. The producers specialize as they can reduce their effort by directly producing the product simple way and this increases the efficiency of the firm.
