The answer would be an unfunded mandate. This is a statute or control that requires a state or nearby government to play out specific activities, with no cash accommodated satisfying the prerequisites. Open people or associations can likewise be required to satisfy open commands. Starting at 1992, 172 elected orders committed state or nearby governments to support projects to some degree.
Answer:
Another dimension of transaction costs or moving costs is searching costs. In the event of higher search prices, prudent customers shall continue to look for cheaper products or services. Search theory is a microeconomics industry which studies these decisions.
Explanation:
If you have any questions feel free to ask in the comments. - Mark
In 1558, Elizabeth took the reins of her country after the death of her sister. She inherited a number of problems stirred up by Mary. The country was at war with France, which proved to be a tremendous drain on the royal coffers. There was also great tension between different religious factions after Mary worked to restore England to Roman Catholicism by any means necessary. In fact, she earned the nickname Bloody Mary for ordering the execution of 300 Protestants as heretics.
Elizabeth acted swiftly to address these two pressing issues. During her first session of Parliament in 1559, she called for the passage of the Act of Supremacy, which re-established the Church of England, and the Act of Uniformity, which created a common prayer book. Elizabeth took a moderate approach to the divisive religious conflict in her country. "There is one Jesus Christ," she once said. "The rest is a dispute over trifles." However, Catholics did suffer religious persecution and some were executed under her reign, though historians differ on the extent. The Roman Catholic Church took a dim view of her actions, and in 1570, Pope Pius V excommunicated Elizabeth.
With the assistance of her key advisor, William Cecil, Elizabeth ended the war with France. She was able to avoid clashing with the other superpower of the age, Spain, for much of her reign. Finally, in 1585, Elizabeth entered the fray to support the Protestant rebellion against Spain in the Netherlands. Spain then set its sights on England, but the English navy was able to defeat the infamous Spanish Armada in 1588. According to several reports, the weather proved to be a deciding factor in England's victory.
Answer: because colonists who lived along the coast became wealthy through trade with Britain.
