1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Step2247 [10]
3 years ago
11

Describe the background and formation of Indian national Congress​

Social Studies
1 answer:
Shkiper50 [21]3 years ago
5 0

Answer:

In the year 1885, 28 December, the Indian National Congress was founded at Gokuldas Tejpal Sanskrit College in Bombay, with 72 delegates in attendance.

Hume assumed office as the General Secretary, and Womesh Chunder Bonnerjee of Calcutta was elected president.

The Founder: Allan Octavian Hume

Place founded: Mumbai India

Explanation:

You might be interested in
What is political socialization​
Iteru [2.4K]
Political socialization is the "process by which individuals learn and frequently internalize a political lens framing their perceptions of how power is arranged and how the world around them is (and should be) organized; those perceptions, in turn, shape and define individuals' definitions of who they are and how they ...
4 0
3 years ago
Look at the picture I put with it
ryzh [129]
There’s no picture to see, lol
5 0
3 years ago
Read 2 more answers
The difference between law and rule​
prisoha [69]

Answer: The main difference between rules and laws is the consequences associated with breaking them. While each is developed to invoke a sense of order, fair play, and safety, the weight of a law is much heavier than the weight of a rule. Laws are like the legal version of rules. Laws are made by government officials, unlike rules can be , made by anyone.

Explanation:

3 0
3 years ago
Benefits and Disadvantages of free economy
astra-53 [7]

Answer:

Advantages

1. A free market economy gets rid of a significant amount of red tape.

Because there is much less government interference in a free market economy, the levels of bureaucracy are significantly lower. The absence of red tape and complex rules reduces the administrative costs that companies face when developing or marketing goods and services. Since the expenses are lower on the development side, customers can benefit by spending to access more innovative products.

This advantage also makes it possible for organizations to put extra money toward other endeavors, including new research and development opportunities.

2. The free market provides more freedom to innovate.

A free market economy enables organizations to become innovative when imagining new ideas. That means the products and services that become available to the average person have more long-term value to consider. Entrepreneurs aren’t dependent on government agencies to tell them what to do or how to develop new products or services that the public needs.

It is up to each company to study consumer demand, popular trends, and basic needs to provide the best value promise possible. This process creates a higher level of competition in each industry, allowing customers to decide who is the best and deserves their money.

3. Customers always drive transactions in a free market economy.

Organizations in a free market economy have the ability to pursue profit in whatever way they choose. That means any goods and services that are not profitable will usually not receive any attention. Customers make the final determination as to whether an idea will succeed or fail, which means they are the judge and jury for each company.

Disadvantages

1. Profit is always the motive for success in a free market economy.

The primary objective of every business in a free market economy is to earn as much profit as possible. Most situations will see an organization deciding to sacrifice worker safety, compromise on environmental standards, and act without ethics because no controls are in place to govern their behavior. The ends will always justify the means when it comes to the survival of a company in this economy.

Even with a partial free market economy in place, we’ve seen numerous examples throughout history of this disadvantage. Companies like WorldCom and Enron attempted to mislead their customers and government regulators, while the incident on Deepwater Horizon proved to be one of the most significant environmental disasters in U.S. history due to cost-cutting measures like the use of sub-standard cement.

2. Market failures can create severe recessions and ongoing economic consequences.

If a free market economy begins to lose control, then the consequences that happen as an outcome can be quite severe. Two specific incidents in the United States created long-term financial hardships for families: the Great Depression in the 1930s, and the Great Recession from the real estate market crash in 2008. Failures can devastate the lives of millions of households, resulting in lost income, unemployment, and homelessness.

The reason for this disadvantage is a lack of control over profit-seeking behavior. Instead of creating investments that provide slow and steady gains, short-term profits are often the priority in a free market economy. Highly-leveraged assets, loose credit, and no government intervention create a higher risk of failure.

3. A free market economy can provide limited product choices.

Organizations in a free market economy don’t pursue the development of products unless there is a profit potential available. That means limitations in the range of goods and services offered to consumers can exist locally, nationally, or internationally. This disadvantage can impact specific groups of customers more than others based on household income and other factors.

Explanation:

3 0
3 years ago
Answer quickly pls!!! Question 1: In the government ruining against Standard Oil in the early 1900s, congress recognized the nee
Sunny_sXe [5.5K]

- Question 1: In the government ruining against Standard Oil in the early 1900s, congress recognized the need

A. For the public to have access to natural resources.

B. For price controls in a command economy.

C. To protect competition in a mixed economy.

D. To protect the common good in a market economy.

The correct answer is D. To protect the common good in a market economy.

Indeed, the Supreme Court ruled that the practices of Standard Oil were monopolistic and although they had been considered legal under common law, their methods and consequences were the prices for the consumer increased, the production of oil decreased and the quality of oil also decrease which not only constituted a restraint of trade but also damaged consumers.

Question 2: how do government regulations like the Sherman antitrust act benefit Americans?

A.they ensure individual freedom.

B. They keep competition open and fair.

C. They protect the ideals of the U.S. Constitution.

D. They protect the safety of all Americans.

The correct answer is B. They keep competition open and fair.

Indeed, one of the main principles of capitalism is that competition between businesses forces them to innovate and maintain quality and offer the lowest possible prices to consumers at the best product quality. A consumer will be able to stop buying the products of a given company if these are too expensive or of very low quality and go and buy them from a competitor wit better prices and/or quality.

By becoming a monopoly, there is just one company and no competition, and consumers do not have a choice to buy their goods elsewhere as there is only one company that sells them at whatever price it chooses to and with whatever quality it decides. This lack of choice enables monopolistic companies to produce substandard, expensive goods that consumer have no choice but to buy since there are no competing manufacturers. The Sherman Act was passed exactly to avoid such cases.



6 0
3 years ago
Other questions:
  • The degree of agreement among several trained experts refers to: Group of answer choices internal consistency repeated measures
    11·1 answer
  • What two American leaders spent their time in Europe during the American Revolution working to negotiate military and financial
    9·1 answer
  • PLEASE HELP ME ASAP PLEASE PLEASE
    13·1 answer
  • Why were Americans most likely willing to accept such a large growth of the federal government?
    9·1 answer
  • ________________leadership involves inspiring followers to commit to a shared vision that provides meaning to their work while a
    15·2 answers
  • An example of a delegated power is the power to
    15·1 answer
  • 1. As magma cools and crystallizes, minerals form in predictable patterns in a process known as
    15·2 answers
  • society allocates its scarce resources to various jobs. These scarce resources include a. people. b. machines. c. land. d. All o
    5·1 answer
  • Lisa's 9-month-old son is demonstrating slow physical growth, a pattern of three facial abnormalities, small brain size, and emo
    11·1 answer
  • Actividad a desarrollar:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!