Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
Answer:
increased number of workers
3) The agrarian radicalism was a realistic response. The farmers had a right to be afraid. 4) It was to focus on the issue of free silver a betrayal of agrarian ideals.
Answer:
Europeans generally used a one-crop economy in their colonies, for they are trying to generate wealth, instead of looking after the economies of the colonies. Most of the time, the crop is a "cash crop" or a crop that is worth a lot when needed, but usually cannot be eaten or used as food. They can include Tobacco, Cotton, etc.
However, the usage of only producing one product would lead to a large dependancy on it, and the economy of the certain country would depend on the demand as well as the price of the product. The higher the demand, the better the price, which leads to a better GDP. Of course, this may change on the whim, which makes an extremely unstable economy.
In today's world, only one one-resource economy works, and that is oil. Oil is used for a lot of things, including creating gasoline, diesel, etc, and is used in many modern appliances. However, with the world soon seeing the disastrous affects of the usage of fossil fuels, they are slowly transitioning to renewable resources, which may soon put the "oil kings" out of business, and propelling them back into a third-world status.
In the end, the Europeans used one crop economies in their colonies to generate quick cash, and to keep the economies of the colonies small, which may lead to them having trouble with uprisings.
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After the Civil War, Robert E. Lee ______.D<span>) became a private citizen and the president of a university.</span><span>
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How did the Missouri Compromise temporarily help with states rights issues in regards to slavery? <span>C) It established what lands were considered free states.
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What was the main purpose of Reconstruction after the Civil War? B) It provided the South with help to rebuild the property destroyed in the war.
Not sure on the last one
