It sadly ended in death and destruction.
Answer:
To prevent prices from rising too high and to increase efficiency
Explanation:
Government regulate natural monopolies to prevent prices from rising too high and to increase efficiency. A natural monopoly occurs when average costs are declining over the range of production that satisfies market demand which will cause a single firm to produce majority of the product demanded in the market at a cost lower than those of competing firms. That company thus has monopoly in the production of such product and can increase the price of the product. When government intervenes by means of regulation such as price caps or market allocation, they will help in regulating the prices to a level that is acceptable by both consumers and producers and also encourage more firms to produce thus increasing competitiveness and efficiency in that industry.
The most important factor that caused and deepened <span>California's economic problems is: Illegal immigration
Illegal immigration bring out a huge amount of workforce that could be paid lower than minimum wage. This make business tend to pick them instead of the legal citizen, which lead to the economic problems</span>
Answer:
Self-fulfilling prophesy
Explanation:
Self-fulfilling prophesy is the phenomena in which a person holds a view or thought about the future that he holds is called a self-fulfilling prophecy. These phenomena occur with every person in every culture and art. This is the concept of giving affirmation to the negative belief and to ignore the positive beliefs.
The placebo effect is the best example of self prophecy in psychology. This concept was given by Robert Merton. Robert Merton was a social psychologist. He defines that prophecy is the false definition that provokes a new behavior. This behavior originates an original false perception as a misconception that comes true.