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the additional revenue while producer able to gain after selling one extra more unit of good
Government regulations are necessary because they protect public safety and market fairness. For example, food safety regulations help protect consumers from pathogens that could cause widespread illness. By creating regulations, the government can make food-borne illness less likely. However, even though these regulations are necessary, they must still meet constitutional requirements. Producers and consumers have the right to own and use property, among other constitutional rights.
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When we look at the provisions for revenue assignment to the provinces and local level in the new constitution, there is also a need to ...
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For direct democracy, all the legislation of a political group is formulated in a public assembly of the members and voted on directly by all the members for final approval. For a representative democracy, all the legislation of a nation is formulated in a limited assembly of representatives who also vote for final approval according to the wishes of the district they represent.
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The Pax Romana is a roughly 200-year-long timespan of Roman history which is identified as a period and golden age of increased as well as sustained Roman imperialism, order, prosperous stability, hegemonial power and expansion, despite a number of revolts, wars and continuing competition with Parthia.
Pax Romana, (Latin: “Roman Peace”) a state of comparative tranquillity throughout the Mediterranean world from the reign of Augustus (27 bce–14 ce) to the reign of Marcus Aurelius (161 –180 ce). Augustus laid the foundation for this period of concord, which also extended to North Africa and Persia
This 200-year period saw unprecedented peace and economic prosperity throughout the Empire, which spanned from England in the north to Morocco in the south and Iraq in the east.
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