Answer: The industrial revolution fundamentally changed everyday life.
Explanation:
The industrial revolution has positive effects on society. It has made people's work much easier. People were much more productive thanks to the involvement of machines in production. The amount of food increased significantly and was more accessible. Also, thanks to steam engines, people traveled much faster and thus gained time.
The industrial revolution also had negative effects, especially when it came to workers. The workers had no rights; they worked twelve or even sixteen hours a day. There was no adequate protection at work, so injuries were frequent. Workers who suffered serious injuries and were unable to work would often be left to fend for themselves. Also, the early Industrial Revolution did not respect any environmental regulations in industrial plants. Environmental pollution was common.
Answer:
A binding price floor is set above the equilibrium price as a minimum price
A binding price ceiling is set below the equilibrium price as a maximum price
Equilibrium price is $1.50
a) The government prohibits donut shops from selling donuts for more than $1.10 each = Price ceiling and it is Binding
b) The government has instituted a legal minimum price of $1.80 each for donuts = Price Floor and it is Binding
c) Due to new regulations donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so = Price ceiling and it is non-binding (as firms are wiling to offer higher wages than the minimum wage rate)
Explanation:
Answer:
Jurors perform a vital role in the American system of justice. Jury service is an important civic function that supports one of the fundamental rights of citizens - the right to have their cases decided by a jury of their peers.
Risk management.
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