Answer:The Reformation began in 1517 when a German monk called Martin Luther protested about the Catholic Church. His followers became known as Protestants. Many people and governments adopted the new Protestant ideas, while others remained faithful to the Catholic Church. This led to a split in the Church.
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Public Goods - The Economic Lowdown Podcast Series
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Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
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When the Treaty of Guadalupe Hidalgo was signed in 1848, the US contained fifteen free and fifteen slave states. Controversy surrounded all of the proposed solutions to the problem of slavery in the territories. Additionally, northerners railed against the legality of slavery in the District of Columbia, and southerners, in turn, complained of northern failure to comply with the Fugitive Slave Law. All of these issues had to be resolved if new states were to enter the Union.
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Marbury v. Madison strengthened the federal judiciary by establishing for it the power of judicial review, by which the federal courts could declare legislation, as well as executive and administrative actions, inconsistent with the U.S. Constitution (“unconstitutional”) and therefore null and void.
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