Answer:
One drawback of pure competition is that sellers don't have the opportunity to earn more than their competitors unlike in monopolies, the sellers can set their own prices.
Explanation:
Pure competition is a type of situation where sellers offer the same products of the same prices. This is also called<em> "atomistic market."</em> So you can imagine that the different companies have almost the same sale. An example of an item under pure competition is "corn." Vendors (people) usually sell them at the same price and quality. If differences do exist,<em> they're totally irrelevan</em>t.
Federalists. Along with John Jay and Alexander Hamilton, James Madison penned The Federalist Papers. The supporters of the proposed Constitution called themselves "Federalists." Their adopted name implied a commitment to a loose, decentralized system of government.
Answer:
Historically, the Civil war was caused by the incompatibility between northern and southern wealth. The industrial revolution in the North caused machines to be built which relied on wage laborers and not slaves
Explanation:
<u>Answer:</u>
GDP(Gross Domestic Production) is used to detect inflation in the nation.
<u>Explanation:</u>
- GDP is a round figure of production of the nation which means taxes, wages, salaries, imported money, foreign exchange currency etc. that all comes under GDP.
- Through GDP, the nation concludes its inflation and production rate of the country. GDP also affects the stock market.
- GDP used to analyse performance of a country in a year. The next year’s budget is based on GDP which helps to bring economic reforms for the next economic year.
Answer:General Jorge Rafael Videla was the dictator who brought terror to his country in the second half of the 1970s, plunging it into a “dirty war” against subversion. At least 9,000 people were killed by armed forces under his direct command as president of the military junta which had seized power in March 1976. Videla always argued that he had merely been doing his duty. He claimed not only to have saved Argentina from political chaos, but to have defended “Western Christian civilisation” in its fight against communism. He remained unrepentant to his dying day, declaring in 1998 that “ I reject the accusations made against me and on the contrary call on behalf of the Argentine nation and its armed forces in particular, for the honour due to victory.”
Explanation:
