theres no answer choices butttt there are 3effects that explain the law of demand.
Income effect - As the price of a good increases, people purchase less quantity because they are limited by the amount of income they earn. Since it's not allowed to change, they are forced to purchase less.
Substitution effect - As the price of a good increases people purchase less quantity because they will switch to a now "relatively" cheaper substitute. The price of the substitute isn't allowed to change, so people buy more of it and less of the original.
Law of D.M.R. - As you acquire more of a good, the value of each unit decreases. Because the value is decreasing, so is the amount you are willing to pay leading to an inverse relationship between price and quantity demanded.
sorry its a long answer i dont mean to be that one person
♡ The Question ♡
-How did stock market activity on October 29, 1929, contribute to the Great Depression?
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♡ The Answer ♡
-Stock prices dropped quickly and dramatically, leaving investors with less money to repay loans.
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♡ The Explanation/Step-By-Step ♡
-The stock market crash of October 1929 resulted in many loan defaults, contributing to the start of the Great Depression.
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♡ Tips ♡
-No tips provided!
Answer: The manor system offered people protection.
In the manor system, peasants will be allowed to work in a land that belonged to the certain lord and require the peasants to make some contributions from the result of their works.
As a return, the Lord will provide knights to protect everyone that live in that land, including the peasants.
The supreme court decided that the internment was constitutional and legal because the threat of espionage was greater than their individual rights, so it was constitutional to put people of Japanese descent into internment camps. The court sided with the government with 6-3.
