Answer:
Use value.
Explanation:
According to sociologists, Joe Feagin and Robert Parker (1990), use value is the utility of space, land, and buildings for everyday life, family life, and neighborhood life.
These notable sociologists posits that in political economy models of urban growth, there are two main features;
1. Urban growth pattern is affected by economic and political factors, which eventually cause urban growth to decline: this factors include workers, land, capital investments, government policies, property rights etc.
2. Urban space comprises of both exchange and use value: this ultimately implies that land has purposes with respect to the choice made by various individuals in the low or middle classes in a society. They argued, use value of land is to make profit and not necessarily to add value or benefit the society.
Answer:
Automatic stabilizers are policies that adjust, as the name implies, automatically, to economic conditions.
An example of an automatic stabilizer is a progressive tax scheme that adjusts rates depending on whether the economy is growing or in recession. If the economy is growing, the tax rates will rise for those who are earning more income, and if the economy is in recession, the tax rates will go down for everyone.
Another example is unemployment benefits. They will increase when the economy is doing poorly and more people are unemployed, and the will decrease in the opposite situation.
The biggest advantage of automatic stabilizers is, as economist Mark Thoma explains, that they do not need to pass through congress to become effective.
Answer:
Knowledge via books and oral teachings
Explanation:
