It encourages spending, which increases other kinds of tax.
<u>Explanation:</u>
Increasing the minimum wages increases the standard of people from the poverty line. It not only increases the welfare but also increases the spending among the people. But raising the wages also creates a negative effect causing inflation and higher costs for the business. This would decrease the profit of the firm.
The spending profile of employees helps us to access how they spend their extra earned money on purchasing things which is acquired by the government in the form of taxes. The combination of these direct and indirect effects results in lower economic activity.
Answer:
Stalin began a state-run program of rapid industrialization, Factories were built, transport networks developed and workers encouraged, even forced, to work harder. Stalin intended to turn the economy around and make the USSR competitive with capitalist countries. he also brought about this huge change, he acted ruthlessly.
Explanation:
as a result of Stalin's direct orders or as a result of his policies, it is possible that 20 million people died during Stalin’s reign from this. He was hated and feared as a dictator. but surprisingly He was also adored this was surprising because of all that he did but people have their own opinions... During his life he was glorified in newspapers and films, cities and streets were named after him, and statues of him were put up around the USSR. He was seen as the man who turned an undeveloped and divided nation into an industrial super-power.
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Foreign aid involves the transfer of money to address economic, military, and humanitarian situations.
<h3>
How foreign aid is different from a foreign investment?</h3>
The goal of foreign aid is to assist a poor country in solving its problems and meeting its basic needs. Foreign investment is when one country invests in another country with the primary goal of profit.
Thus, Foreign aid involves the transfer of money to address economic, military, and humanitarian situations. Option D is the correct statement.
Learn more about foreign aid here:
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C.) The Communist Party Members.
