Cultures and societies are known to tell more about the norms and standards for what makes a socially acceptable relationship and as such, it is a true statement.
<h3>What is culture?</h3>
Culture is known to be the total way of life of people that are living in a particular area.
Cultures and societies are known to tell more about the norms and standards for what makes a socially acceptable relationship and as such, it is a true statement. Note that it also tells more about what the social norms of a place or region is.
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Several groups of American stockbrokers have been asked to predict the future of stock markets in Japan. They will be more confident than correct in their predictions.
<u>Explanation</u>:
A stockbroker is a sales agent who trade securities for their clients and earns commission on each trade. The brokers provide trading advice and tips on opening and closing prices of the stock market.
American stockbrokers will be confident in their prediction about the future stock market. A stock market or share market is a place where one can buy or sell the stocks.
If American stockbrokers are asked to predict the future of stock markets in Japan, they will be more confident than correct in their predictions.
A <span>principle of government that defines the relationship between the central government at the national level and itsconstituent units at the regional, state, or local levels. Under this principle of government, power and authority is allocatedbetween the national and local governmental units, such that each unit is delegated a sphere of power and authority only itcan exercise, while other powers must be shared.</span>
The term federalism is derived from the Latin root foedus, which means "formal agreement or covenant." It includes theinterrelationships between the states as well as between the states and the federal government. Governance in the UnitedStates takes place at various levels and branches of government, which all take part in the decision-making process. Fromthe U.S. Supreme Court to the smallest local government, a distribution of power allows all the entities of the system to workseparately while still working together as a nation. Supreme Court justice <span>hugo l. black</span> wrote that federalism meant
a proper respect for state functions, a recognition of the fact that the entire country is made up of a Union ofseparate State governments, and a continuance of the belief that the National Government will fare best if theStates and their institutions are left free to perform their separate functions in their separate ways. (<span>Younger v.Harris</span>, 401 U.S. 37, 91S. Ct. 746, 27 L. Ed. 2d 669 <span>[1971])</span>
