Natural monopolies and the reason to exist in the free market system
Explanation:
In a natural monopoly when a market can supply goods or the cost of the goods can be lowered in competition with the potential competitor then it is called as natural monopoly. In a market when the first supplier of the product is demanding more cost or raises the costs of the product then it eventually rises to natural monopoly.
Here the products are given at a lower rate than the capital supplier. They are available in free market because people always tend to go for lower prices and for a good quality product.
President Ronald Reagan rejected the theory of Keynesian economics, this theory proposed by John Maynard Keynes, embodied in his work General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of 1929, the central principle of this school of thought is that state intervention can stabilize the economy, Keynesianism is one of the best-known economic theories, its main characteristic is that it supports interventionism as the best way out of a crisis and as a mechanism to stimulate demand and regulate the economy in times of depression.
Uncertainty surrounded Lincoln's inauguration. ... Despite Lincoln's reassurances, southerners were not convinced. Many believed that slavery could not be protected in the current Union regardless of who was in charge. States that had already seceded continued to encourage border states to join their new nation.
<span>the powers that are solely at the state level is : Implied power
implied power refer to the power of government that is not directly written in the constitution, but exist by reading between the lines of the consittution.
One example of an implied power is Congress'' right to make a bank </span>
<u>Answer:
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It can be said that the student version exemplifies paraphrasing plagiarism.
<u>Explanation:
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- The contexts of the texts given above under the titles original source material and student version are clearly the same.
- It can be observed that most words used in both texts are the same but the arrangement of the words is different.
- To retain the meaning of the text but still make the text look different, the formation of the sentences has been made differently using the same words.
- Hence, it can be called an example of paraphrasing plagiarism.
