Ans: Criticisms of Keynesian Economics
Borrowing causes higher interest rates and financial crowding out. Keynesian economics advocated increasing a budget deficit in a recession. However, it is argued this causes crowding out. For a government to borrow m
The five crucial values he described that would lead to the success of American constitution are: liberty,
Egalitarianism, Individualism,Populism, and Laissez-Faire
Answer:
Decline in trade - shift to a rural society
Explanation:
The fall of the Roman Empire brought significant changes in the mode of rule and governance. After the fall, the empire was governed by the warrior kings. The traditional and community guidelines were given priority than the written laws. There was a drastic change in the economic stability of the empire as well. The economy inclined towards the agricultural sector as the result of the collapse of the trade. It was because of the decline in the trade that shifted the empire towards the rural society.
Answer:
the answer is D
Explanation:
In a market economy, the market can adjust to changes over time as producers and consumers both react to market conditions and are able to buy and sell in accordance with current conditions in the marketplace.
First, they are themselves scholars of history. Second, they expect you to engage in the practice of history. In other words, they frequently want you to use information to make an educated guess about some bygone event, era, or phenomenon. You probably know how to guess about the past.
