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Evgen [1.6K]
2 years ago
12

How does scarcity affect people's economic decisions?​

History
1 answer:
Andrews [41]2 years ago
8 0

Answer:

The ability to make decisions comes with a limited capacity. The scarcity state depletes this finite capacity of decision-making. ... The scarcity of money affects the decision to spend that money on the urgent needs while ignoring the other important things which comes with a burden of future cost.

Explanation:

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According to monetarists, to prevent recessions, the Federal Reserve should
enyata [817]

C) increase the money supply

Monetarism sees careful control of the money supply as the key to maintaining a stable economy. The ideas of monetarism were first put forth by economist Milton Friedman, who believed that those in charge of the money supply in a society should focus on maintaining price stability. Having too much cash in circulation stimulates inflation. However, in regard to your particular question, during a recession prices stagnate or decrease and interest rates are forced to drop as well. Monetarists would see an increase in the money supply as a way to turn prices back upward during a recession.

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2 years ago
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In general, why do people turn to religion and philosophy? How did it benefit the lives' of people living in medieval china plea
Mice21 [21]
Essentially, there are a lot of reasons as to why people turn to both religion and philosophy. This could have something to do with the way they were brought up or their very own beliefs. Each religion has different ways and teachings. For Medieval China, they were traditionally into Taoism and Confucianism since these two provided ethical guides to the proper behavior of individuals and officials. Taoism promoted the inner peace of individuals and harmony with their surroundings. Confucianism, based on the teachings of the famous philosopher Confucius, was an ethical system that sought to teach the proper way for all people to behave in society. <span>Each relationship--husband-wife, parents-children, ruler-subjects--involved a set of obligations which, if upheld, would lead to a just and harmonious society. Following his teachings would also promote a stable, lasting government.</span>
7 0
2 years ago
29. Which is the best definition of a political party?
Nastasia [14]
The answer is option B.

Political parties are made up of like-minded people who wish to gain people’s support and thereafter roles in the government leadership.
3 0
1 year ago
Why did Thomas Hobbes view did not work in the 1600? How and why it could work today?
SSSSS [86.1K]

Answer:

Hobbes was an English philosopher whose political philosophy dominated the 17th century and continues to have a major influence today.

Thomas Hobbes was born in Malmesbury, Wiltshire, on 5 April 1588, the son of a clergyman. His father left the family in 1604 and never returned, so a wealthy uncle sponsored Hobbes' education at Oxford University.

In 1608, Hobbes became tutor to William Cavendish, later earl of Devonshire. The Cavendish family were to be Hobbes' patrons throughout his life. In 1610, Cavendish and Hobbes travelled to Europe together, visiting Germany, France and Italy. After Cavendish died, Hobbes obtained another position but later became tutor to Cavendish's son. During these years he travelled to Europe twice more, meeting leading thinkers including the astronomer Galileo Galilei and the philosopher Rene Descartes.

In 1640, with England on the brink of civil war, the Royalist Hobbes fled to Paris, fearing the reaction of the Long Parliament to his writing. He remained in exile for 11 years. Between 1646 and 1648, Hobbes was a mathematics tutor to Charles, Prince of Wales (the future Charles II) who was also in exile.

In 1651, Hobbes' best-known work 'Leviathan' or, 'The Matter, Form, and Power of a Commonwealth Ecclesiastical and Civil' was published. For Hobbes, the only way for man to lift himself out of his natural state of fear and violence was to give up his freedom and make a social contract with others to accept a central authority. Hobbes felt that a monarchy provided the best authority. He also argued that as sovereign power was absolute, the sovereign must also be head of the national religion. He was, as a result, hostile to the Roman Catholic Church.

This made him unpopular with the French authorities and in 1651 he returned to England. He continued to write, producing works on mathematics and physics as well as philosophy, and engaging in academic disputes. In 1660, his former pupil returned to England as Charles II and granted Hobbes a pension.

In 1666, parliament ordered 'Leviathan' to be investigated for atheist tendencies. Hobbes was terrified of being labelled a heretic and burned many of his papers. Charles II interceded on his behalf, but the condition seems to have been that Hobbes published nothing further on overtly political subjects.

In 1672, Hobbes published an autobiography in Latin verse and translations of the 'Iliad' and the 'Odyssey' in 1675-1676. He died on 4 December 1679 at Hardwick Hall in Derbyshire, one of the Cavendish family's homes.

Explanation:

4 0
3 years ago
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Delvig [45]
I believe the answers are going to be B and D
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3 years ago
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