Answer:
"Roaring through the pines"
"Shattered by a bolt of lightning"
"The deafening peal of thunder"
Explanation:
Answer: it is impossible to completely fulfill the unlimited human desire for goods and services with the limited resources available
Explanation:
Scarcity of something according to Oxford dictionary means that there isn't enough of that thing ; there is a shortage .
Scarcity of resources also means there are not enough goods and services to cover everyone available.
Population increase and the increase of human desires can play a big role in this , people demand more and more on such that this lead to deprivation because they keep wanting more and more and there is no limit to how much one can have .
Our desires accompanied with an increase in population has put so much demand on resources in such that there is not enough to fulfill our unending, increasing desires .
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
Colours from shortest to highest wavelength
The sues canal was the cause of the tension in this case
