Answer:The Weimar Republic faced violent uprisings from various groups, not to mention devastating economic problems. Germany between 1918 and 1919 was in chaos. People were starving, the Kaiser had fled and people hated the government for signing the armistice in November 1918 - they called them the November criminals.
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The term that is defined as the maximum legal price for a good or service is the price ceiling.
Explanation:
A price ceiling happens once the government puts a legal limit on how high the worth of a product may be. so as for a price ceiling to be effective, it should be set below the natural market equilibrium. When a price ceiling is about, a shortage happens. For the worth that the ceiling is about at, there's a lot of demand than at the equilibrium worth. there's additionally less offer than at the stability worth, therefore there's a lot of amounts demanded than the amount provided. Associate degree inability happens, since at the worth ceiling amount equipped the marginal profit exceeds the distinctive cost. This inefficiency is adequate to the deadweight welfare loss.
Those that describe the effects of scarcity are:
- B<span>usinesses can only make a limited number of goods and services.
- </span><span>Not everyone's needs are met.
- Using scarce resources today means having fewer tomorrow.
Having scarcer materials does not mean that people have limited wants, but that people get less of what they want. </span>
They created a democracy untainted by wealth, privileged birth or corruption where every (eligible) citizen can take part in politics/ assembly.
