During the Constitutional Convention of 1789, there was a dispute regarding the representation of the states in Congress. The large states wanted the number of representatives in Congress to be proportional to that state's population. On the other hand, the smaller states wanted the number of representatives per state to be equal among all states.
The "Great Compromise" was a solution to this. It was a combined proposal of the Virginia Plan and the New Jersey Plan. It concluded that the House of Representatives (Lower House) should have a proportional representation according to the population of each state. Regarding the Senate (Upper House), The representation would be limited to 2 senators per state, regardless of the number of people living in each of them.
The economic growth rates gives information on how fast the economy is growing,and is calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two subsequent periods.
<u>The two main determinants of GDP/economic growth are:</u>
- Productivity increases caused by more efficient use of inputs (labor, capital) and implementation of innovation.
- Accumulation of physical capital
<u>Effects of economic growth</u>
- Larger amount of goods and services are available in the country and ready for consumption
- High employments levels, as workers are necessary to manufacture that large quantity of goods and services. As GDP has grown, so have done employment figures.
- More employment brings boosts on aggregate demand and generate further growth as business will keep on trying to serve the whole demand.
- As demand grows it is quite likely that prices do so too, therefore economic growth would increase the inflation rate (not necessarily a problem if such growth is not too large and remains stable).
- Productivity increases and implementation of innovations make national firms more efficient and competitive in the international markets.
<span>Oceans, lakes, rivers and forests all can separate two ecozones. All of these answers are correct!</span>
The correct answer is true
Explanation:
Defer to the decisions of the elected branches of government.
