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DochEvi [55]
2 years ago
14

How can Australia achieve economic growth

History
1 answer:
marta [7]2 years ago
7 0

Answer: Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment. Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend. Higher global growth – leading to increased export spending.Australia will achieve economic growth

Explanation:

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The Catholic Church became very rich and powerful during the Middle Ages. Because the church was considered independent, they did not have to pay the king any tax for their land. Leaders of the church became rich and powerful. Many nobles became leaders such as abbots or bishops in the church.

Explanation:

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Answer:

A different Enlightenment thought.

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The Declaration of Independence features the Enlightenment ideas of a <u><em>social contract</em></u> (power exchange between citizens and the government to ensure a citizens protection), <u><em>popular sovereignty</em></u> (the idea that the government's power comes from the people, so the people have the right to rule the government), and unalienable <u><em>natural rights</em></u> (rights we are all born with. In the Declaration of Independence, these rights are defines as the right to live, pursue of happiness, and be free [liberty]).

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