Answer:
The German colonial empire (German: Deutsches Kolonialreich) constituted the overseas colonies, dependencies and territories of Imperial Germany. Unified in the early 1870s, the chancellor of this time period was Otto von Bismarck. Short-lived attempts of colonization by individual German states had occurred in preceding centuries, but crucial colonial efforts only began in 1884 with the Scramble for Africa.
Explanation:
Answer:
1. b) Policy guides decision making. Laws causes punishment.
2. a) Mandatory Spending
3. b) Deficits is the accumulates of debts.
4) d) Recession is when the economy experiences contraction for 6 months or more; Depression lasts multiple years.
5) c) to encourage people to borrow less money: to slow down the economy.
Explanation:
A rule of law is a practice or norm that all members of society are expected to follow. A company or institution's choices are guided by policies, while laws are utilized to enforce the rule of law.
In contrast to recessions, depressions are long-term downturns in the business cycle that may lead to a wide range of economic issues.
The Fed funds and discount rates adjust to balance the supply of, and demand for, currency reserves. So, if the fed higher the discount rate, then the balance of the supply and the demand will also be higher.
The correct answers are:
- trans-national corporations
- real-time news around the world
- foreign investing
The process of globalization has affected the world in many ways, and it has been happening very quickly and all over the globe. This process has been connecting the whole world, and it still continues to do so and grow. That has led to a large scale economic collaboration between the nations, where the large corporations managed to spread out in other nations, continents. The least developed countries, as well as the transitioning countries has been constantly getting more and more foreign investments, which is constantly making their economy rise.
Apart from the economic aspect of this process, it also connect the people from all over the world, which can easily be seen in the media. People from all over the world are able to receive real-time news about any place in the world, and they can see and hear that from their homes, even though they are thousands of miles away from the place where something happened and it is reported.
