The major drawback in protectionism is the risk of retaliatory protectionist measures <span>ruining the relationship of the two nations. This entails restrictions on goods of one of the countries. If those restrictions persist then the other ountry may impose barriers against the goods of the other country. This is exactly what is happening between US and China which is harming their economies. </span>
Answer:
Explanation:
ECONOMIC ACTIVITIES:
1. Wealth producing activities.
2. Satisfying human wants.
3. Money income
MANS SOCIAL LIFE:
1. Man is a social animal . He has a natural urge to live an associated life.
A is the correct answer choice
Answer:
4. Kyle's commute to work was cut in half after the city built a new bridge in his town that allows him to cross the river without going as far out of his way
Explanation:
From the above, the bridge is a public good built by the government. A public good is good made for public consumption and benefit and is not done for profit purpose. This is seen above where kyle benefits from the bridge that was built as it cuts her transport fare in half and helps her save extra costs and is also done without a profit purpose in mind.
Answer:
The answer is pragmatism.
Explanation:
Simply put, pragmatism is the thought that an idea or concept needs to be useful to society, otherwise it is worthless. Pragmatism rejects the idea that words and ideas are a reflection of reality, and instead sees them as a tool for problem-solving.
Pragmatists believe that all ideas should be viewed in relation to their practical effects.