Friedrich Hayek was an Austrian Economist known for his work on the <em>Theory of Money</em>, which earned him a Nobel Memorial Prize in 1974. He openly supported classic liberalism, which emphasized the economic freedom of all individuals who formed part of society.
Hayek opposed expansionary spending (or expansionary monetary policy) because he considered, following principles of liberalism, that government intervention in the economy should be kept at its minimum expression. It is up to individuals and the economic relations they form as to whether an economy grows or not. The increase of money supply in a country could bring negative effects such as <em>inflation, </em>which is the sustained increase in the prices of goods and services.
Answer:
A, creating questions to ask
Explanation:
Based on the scenario, i think the one that describe this project is : C. market failure
If the road was built as a federal project, it should have low cost and cover a wide area of the region
hope this helps
<span>They are most likely to listen to groups that are connected with the member's constituents. This is because those voters will likely have a direct effect on whether or not the congressperson stays in their seat at the next election, and making sure that the member is listening to those who voted for him or her is part of the main job description.</span>
Answer:
Near the rivers and the seas
Explanation:
Throughout the history of ancient times, the largest cities were often built by the rivers and the sea.<u> In Mesopotamia, the cities were built near the conflux of rivers of Tigris and Euphrates.</u> <u>Eridu</u>, one of the earliest cities, was near the conflux of the two rivers. <u>Ur</u>, the important city-state, was on the south bank of Euphrates and very near today’s the Persian Gulf. <u>Lagash </u>was also on the junction of two rivers and <u>Uruk </u>was on the east of Euphrates.
The proximity of the water was very important for early civilizations so they could have irrigation, water for drink, and the fertile land that is usually located around the banks of the rivers. Rivers and seas also provide important means of trade, as well as natural protection from the enemies. Whoever would wish to attack these cities would probably have to cross the river or the sea first, while the cities would be able to organize their defense on the water.
