It is only a formality because the majority party has already decided on the matter beforehand. The election is rather a tradition if anything.
Answer:
Modernization theory.
Explanation:
Modernization theory is a concept used to describe a nation's cycle of transformation as it moves from a traditional to a modern one. It emerged in the 1950s as an explanation of how North America and Western Europe's industrial societies evolved. It is based on the notion that technological advancement, scientific progress, technological advancement, mobility, and economic growth are vital elements of industrial societies and continuously strives by developing nations.
Natural resources are resources produced by the Earth and occur in nature, hence "natural". They can replenish quickly, or take millions of years to form, like oil and some precious metals and jewels. Hope this helped!
The post world war II record shows that recessionary gaps may be long-lasting because <u>deflation</u> tends not to occur.
Deflation is when customer and asset prices lower over time, and shopping power will increase. Essentially, you may buy greater goods or offerings the day after today with the identical amount of cash you've got nowadays. this is the replicate picture of inflation, that is the gradual growth in costs across the economy.
Deflation is when the charges of products and offerings decrease throughout the complete economic system, increasing the shopping power of clients. it is the opposite of inflation and may be taken into consideration as terrible for a state as it can signal a downturn in an economic system, leading to a recession or despair.
A recessionary gap, or contractionary gap, happens when a rustic's actual GDP is decreased than its GDP at complete employment. Recessionary gaps near when actual wages go back to equilibrium, and the number of exertions demanded equals the amount supplied
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