When an area of land will support the growth of healthy crops, we call
4) Fertile
Answer:
Prithvi Narayan Shah’s dream was to win Nuwakot first, partially because his father had earlier lost the battle for Nuwakot and secondly it was strategic to establish his control over the Himalayan principalities.
Tax Reductions Lead to Economic Growth in the 1920s
would be the best headline for presidential address.
<u>Explanation:
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In the 1920s, the citizens of the US and business people continued to pay a lot of tax and this disheartened investors from launching new enterprises while existing businesses struggled not to shut down.
It prompted the Government to seek a way to overcome the problem and eventually managed to reduce the taxes collected by the government in order to minimize the tax liability on US residents. Tax cuts have led to economic growth.
Tax breaks in 1920s Increased federal wages and economic development. The Bush admin also indicated that the progressive income tax cuts which were introduced in 2001 should be implemented fully this year. Increases in federal income tax rates have affected the behaviour of individuals and companies.
Answer:
James Garfield was 20th president of US and was the first sitting member of congress to be elected as a president. Civil services reform act was passed on 16th Jan 1883 by president Chester A Arthur. The act allowed to appoint people on various government posts on basis of their merit, instead of political patronage and outlawed the spoiler system.
James A Garfield favoured the reformers because of their stand about civil service reform which was necessary for the american government during his presidency.
Globalization must be expected to influence the distribution of income as well as its level. So far as the distribution of income between countries is concerned, standard theory would lead one to expect that all countries will benefit. Economists have long preached that trade is mutually beneficial, and most of us believe that the experience of widespread growth alongside rapidly growing trade in the postwar period serves to substantiate that. Similarly most FDI goes where a multinational has intellectual capital that can contribute something to the local economy, and is therefore likely to be mutually beneficial to investor and recipient. And a flow of capital that finances a real investment is again likely to benefit both parties, since the yield on the investment is expected to be higher than the rate of interest the borrower has to pay, while that rate of interest is also likely to be higher than the lender could expect at home since otherwise there would have been no incentive to send it abroad. Loose talk about free trade making the rich countries richer and poor countries poorer finds no support in economic analysis.