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Mrac [35]
3 years ago
12

ECONOMICS

History
1 answer:
Eduardwww [97]3 years ago
6 0

Considering the situation described above, the costs of rentals will become higher.

This is because when a lot of people lose their homes and start renting, there would high demand for house rents, thereby leading to a high cost of rentals.

The cost will change because the demand is increasing, and it might even increase more than the supply; hence, the cost of rentals would increase.

The economic principle that explains this concept is known as the "Housing Bubble."

A Housing Bubble is a phenomenon whereby there is an increase in housing prices or the cost of house rents due to an increase in demand, speculation, and high spending from the people.

Hence, in this case, it is concluded that Housing Bubble is an economic phenomenon that can drive the cost of housing up.

Learn more here: brainly.com/question/24321302

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put in chronological order world war 2 end corazon aquino is elected president of the philippeans india gains independence from
Darya [45]

World War 2 ended 1945

India gains independence  from the British 1947

East Pakistan is declared  the independent nation  of Bangladesh in 1971

Corazon Aquino is elected  president of the Philippines  1984.


8 0
3 years ago
What are the three reasons that President Wilson is asking Congress to declare war on Germany?​
irina1246 [14]

Answer:

One reason why is does america want to join world war 1 was because america was supplying oil to europe but german submarines keep attacking it. last reason why they they want to join world war 1 is because germany asked mexico to attack america and even let them get there land back from the mexican american war

Explanation:

4 0
2 years ago
What do you think the US government should do to those who illegally avoid the draft?
Yakvenalex [24]

Answer:

Put them in prison.

Explanation:

The mandatory enlistment in the armed forces of a nation is known as the Draft. The origin of military conscription is dated back to ancient Mesopotamia however, the modern draft first observed during the French Revolution in 1789. The United States of America also employed conscription during the Civil War which resulted in various bloody draft riots. The resistance to the draft reached its peak during the Vietnam War.

By the later phase of 1967, a total of 15,058 killed and 109,527 wounded in Vietnam.

Therefore, the US government should Put those in prison who illegally avoid the draft.

6 0
3 years ago
Do you think John Brown was a misguided fanatic
gulaghasi [49]
Personally, i don't think he is.

John Brown Believed that the only way to overthrow the institution of slavery is by doing an armed revolt. We have to aware that in his Era, slavery is very common. Is like owning a dog in this era. He probably tried to convince the slave owners to realize the value of human's dignity no matter what the race is but nobody agrees with his point of view.
8 0
3 years ago
Marxist criticism Beginnings and basics of Marxism. Karl Marx (1818-1883), a German philosopher, and Friedrich Engels (1820-1895
lawyer [7]

Answer:

I believe you're asking about the Marxist criticism. Well, Marxist criticism came from various political ideologies and academic disciplines. These include general criticisms about the lack of internal consistency, criticisms related to historical materialism, the need to suppress individual rights, issues with the implementation of communism and economic issues such as distortion or the absence of price signals and reduced incentives. Also, empirical problems are often identified.

Explanation:

The main criticism of Marxism today claims that it has a simplistic character, be it in the organization of society into classes (capitalist and proletariat), or in the various interpretations that Marx makes of the direct interrelation between social factors of conscience (such as culture, religion and political) and those of the economy. According to some of these critics, economic reasons are also insufficient to explain modern phenomena such as man's search for status, even though it does not represent any economic advantage.

8 0
3 years ago
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