The market revolution sparked explosive economic growth and new personal wealth, but it also created a growing lower class of property-less workers and a series of devastating depressions, called “panics.” Many Americans labored for low wages and became trapped in endless cycles of poverty.
In the 1820s and 1830s, a market revolution was transforming American business and global trade. Factories and mass production increasingly displaced independent artisans. Farms grew and produced goods for distant, not local, markets, shipping them via inexpensive transportation like the Erie Canal.
The Market Revolution in the 19th century United States is a historical model which argues that there was a drastic change in the economy that disoriented and coordinated all aspects of the market economy in line with both nations and the world.
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What is one benefit of consumer-protection regulations?
A. a reduction in injuries and deaths
B. an increase in government power
e
C. a switch to progressive taxation
D. higher prices charged by producers
Question 17 of 35
What was one result of the independence movements in Latin America during
the 19th century?
A. The new Latin American countries removed peninsulares from
positions of power and replaced them with Creoles.
O B. The new Latin American countries established a regional alliance
to compete economically with the United States.
C. The new Latin American countries began interfering with the
governments of their European founders.
D. The new Latin American countries condemned slavery and began
attacking slaveholding countries.
Pls help me lol
Answer:
A. The new Latin American countries removed peninsulares from
positions of power and replaced them with Creoles.
Explanation:
The one result of the independence movements in Latin America during the 19th century was "The new Latin American countries removed peninsulares from positions of power and replaced them with Creoles."
The Penisulares are the Spanish and Portuguese or group of people who came directly from the Iberian peninsula to rule or colonize Latin America. While the Creoles are the people who are generally the direct descendants of the people from Europe particularly those from the Iberian origin.
Hence, in this case, what occurred was that "The new Latin American countries removed peninsulares from positions of power and replaced them with Creoles."
the framers employed the separation of powers and federalism in order to a. end the slave trade. b. prevent the new government from abusing its power. c. promote economic equality among all citizens. d. create a replica of the british political system.
Answer:A new Federal legislation that went into effect on January 1st, 1808, made it unlawful to bring captives from Africa into the country. On this day, the transatlantic slave trade into our nation officially and permanently came to a stop.
How did slavery come to an end?
We are aware that the Civil War and the Emancipation Proclamation were important factors in the abolition of slavery, but it is not commonly acknowledged that there were a great number of lesser events as well.
Who was the original slaver in Africa?
The African port of Ceuta was taken over by the Portuguese in 1415 with papal help, making them the first so-called "Western" slavers in Africa. In the 15th century, native Africans were traded as slaves on a relatively modest scale by the Portuguese .
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Explanation:
Which of the following was a result of Pike's expedition?
The trip recorded the American discovery of Tava, which was eventually given the new name Pikes Peak in Pike's honour. Pike divided his troops into smaller groups and then led the larger group to the Red River's headwaters.
The Pike Expedition was a military party sent by President Thomas Jefferson and approved by the US government to investigate the south and west of the recently acquired Louisiana Territory (July 15, 1806, to July 1, 1807). It was headed by United States Army Lieutenant Zebulon Pike, Jr., who was elevated to captain during the journey, and it took place roughly concurrently with the Lewis and Clark Expedition.
It was the first official American attempt to explore Colorado's Rocky Mountains and western Great Plains.
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What were some of the differences between Impressionism and Post-Impressionism style of art?
Differences between Impressionism and Post-Impressionism: Post-Impressionism is less naturalistic than Impressionism. Post-Impressionism is more subjective and introspective than Impressionism. Post-Impressionism breaks the limitations on the use of color imposed by Impressionism.
Explanation:
Post-Impressionism is a term used to describe the reaction in the 1880s against Impressionism. ... The Post-Impressionists rejected Impressionism's concern with the spontaneous and naturalistic rendering of light and color. Instead they favored an emphasis on more symbolic content, formal order and structure.
Be Careful, Uncle Sam
The above cartoon is from the Amsterdam News, one of the largest Black newspapers in the U.S. at the time. Overall,
Black newspapers and Black Americans were supportive of World War II. What is your interpretation of the cartoon?
The interpretation of the cartoon titled "Be Careful, Uncle Sam" from the Amsterdam News can be understood as a critical perspective on the role of Black Americans and their treatment during World War II.
The cartoon highlights the discrepancy between the ideals of freedom and democracy symbolized by Uncle Sam, representing the United States, and the reality of racial discrimination faced by Black Americans at the time.The image depicts a Black soldier, presumably a member of the U.S. military, standing guard and holding a bayonet while Uncle Sam appears to be cautioning him. This visual juxtaposition suggests that Black soldiers, who fought for their country and its ideals, were also confronted with racial injustices and inequality within their own ranks.The cartoon may be seen as a commentary on the contradiction between the United States' fight against fascism abroad and the persistence of racial discrimination and segregation within the country. It highlights the irony of Black Americans being called upon to defend American values while simultaneously facing systemic racism and limited opportunities at home.The cartoon reflects a sentiment of urging caution and awareness among Black Americans, reminding them to be vigilant and mindful of the ongoing struggle for racial equality, even in the midst of a war fought for freedom and justice.For more such questions on cartoon
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In kelley's (1950) research about the guest lecturer, the researcher wanted to study the impact of __________ on the students' later impressions of the lecturer.
In Kelley's (1950) research about the guest lecturer, the students were told that the guest lecturer was either a "warm" person or a "cold" person. The researcher wanted to see if this information would impact how they rated the lecture on personality after the lecture
What is a Personality?This refers to the attitude and behavior of a person that affects how he relates with others.
Hence, we can see that In Kelley's (1950) research about the guest lecturer, the students were told that the guest lecturer was either a "warm" person or a "cold" person. The researcher wanted to see if this information would impact how they rated the lecture on personality after the lecture
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What is the American system of government rests on these main ideas; popular sovereignty, republicanism, limited government, federalism, separation of powers, checks & balances, and individual rights.
I’m doing a escape room and the word starts with the letter K.
Answer:
The Second Regional Cabinet released the Resolution of Freedom in 1776, outlining their particular concerns about the British empire and why they have been going to form an independent government.
A minimal governance centered on concepts of natural freedoms common independence, social conservatism, as well as the common good was agreed by the Framers.
Restricted government is a democratic structure in which human privileges and freedoms are protected by certain limits imposed on the state. Natural rights, also referred to as inherent rights, are privileges the Framers felt all persons were raised with and would never abandon. Democratic supremacy is the notion that wishes of the majority the citizens or even the "approval of the people" derives from the authority of the state.
In Korea, real GDP per hour of labor is $22, the real wage rate is $15 per hour, and people work an average of 46 hours per week.
In the United States, real GDP per hour of labor is $51, the real wage rate is $34 per hour, and people work an average of 34 hours per week.
Draw the Korean demand for labor curve. Label it
LDK.
Draw the Korean supply of labor curve. Label it
LSK.
Draw a point at the Korean equilibrium real wage rate and employment level.
Draw the U. S demand for labor curve and label it
LDUS.
Draw the U. S. Supply of labor curve and label it
LSUS.
Draw a point at the U. S. Equilibrium real wage rate and employment level.
The Korean labor market can be represented by the demand for labor curve (LDK) and the supply of labor curve (LSK). The equilibrium point indicates the real wage rate and employment level in Korea.
In the Korean labor market, the demand for labor curve (LDK) represents the relationship between the real wage rate and the quantity of labor demanded. The supply of labor curve (LSK) represents the relationship between the real wage rate and the quantity of labor supplied by workers in Korea. The equilibrium point where these curves intersect indicates the real wage rate and employment level in Korea.
Similarly, in the U.S. labor market, the demand for labor curve (LDUS) represents the relationship between the real wage rate and the quantity of labor demanded in the United States. The supply of labor curve (LSUS) represents the relationship between the real wage rate and the quantity of labor supplied by workers in the U.S. The equilibrium point where these curves intersect represents the real wage rate and employment level in the United States.
By drawing these curves and identifying the equilibrium points, we can visually understand the differences in the labor markets of Korea and the United States, including their real wage rates and employment levels.
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compare the life of a spartan male with the life of an american male today
Answer:
spartan male would have to train most of there live to go to war. we play videogames, and go to school, and answer thing on brainly
The life of a spartan male from the life of an american male today is different based on cultural and historical context.
What is Sparta?Sparta was an emphasis on physical fitness and discipline and was well-known for its military culture. Spartan boys were raised to be soldiers, and they were supposed to be physically and intellectually strong.
American boys' lifestyles today are significantly different. American men have the freedom to pursue a wide variety of jobs and lifestyles, as well as access to a wide variety of resources and opportunities.
The distinctions between the two are substantial. Because they lived in very different historical and cultural circumstances, it is impossible to draw direct parallels between the lives of a Spartan guy and an American male.
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Alcatuieste un text narativ de cel putin 10 randuri in care sa povestesti o intamlare petrecuta in vacanta de vara
Am explorat și zona înconjurătoare, vizitând și alte plaje în apropiere.
Înr-una dintre seri, am hotărât să facem o plimbare pe faleza în timpul apusului.
Pe măsură ce soarele cobora pe cer, culorile roșu-oranj și mov au împânzit cerul. Atmosfera era de-a dreptul magică și am făcut multe fotografii pentru a păstra acele momente de neuitat.
Desigur, voi fi bucuroasă să te ajut cu întrebarea ta. Iată un text narativ de cel puțin 10 rânduri în care povestesc o întâmplare petrecută în vacanța de vară:
În vara trecută, am avut o experiență minunată în timpul vacanței mele de vară. M-am decis să merg într-o excursie la mare împreună cu familia mea. Destinația noastră a fost o frumoasă stațiune de pe litoralul Mării Negre.
Am plecat devreme dimineața și am ajuns în stațiune în jurul prânzului. Am găsit un hotel confortabil chiar pe malul mării și am făcut rapid check-in-ul.
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In vacanta de vara, am avut parte de o intamplare neobisnuita. Mergeam impreuna cu familia mea intr-un mic orasel de pe litoral. Intr-una din zile, am hotarat sa ne aventuram intr-o excursie cu barca pe mare. Vremea era frumoasa, iar valurile linistite ne-au incantat privirea.
Dupa cateva ore de plimbare, am observat un grup de delfini jucandu-se in apropierea barcii noastre. Erau atat de gratioși și jucau cu atata bucurie incat nu am putut sa nu ii admiram. Am reusit sa filmam si sa fotografiem acest moment magic.
Pe masura ce continuam sa navigam, am descoperit o mica insula neexplorata. Am decis sa ancoram si sa ne aventuram pe tarmul insulei. Plaja era neatinata, cu nisip fin si apa limpede. Am petrecut cateva ore plimbandu-ne pe plaja, explorand flora si fauna insulei. Am gasit chiar si scoici unice pe care le-am adaugat la colectia noastra.
Inainte de a pleca, am decis sa facem un picnic pe plaja. Am savurat mancarea delicioasa, privind apusul de soare spectaculos. A fost o experienta unica care ne-a adus multa bucurie si amintiri pretioase. Aceasta intamplare ne-a demonstrat cat de frumoasa si diversa poate fi natura si cat de important este sa petrecem timp de calitate impreuna.
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what did hitler's lieutenant say should happen if hitler delivered the message during the war ?
There are different reasons for any actions. Hitler's lieutenant did say that if he delivered the message during the war, He should receive a medal.
Who is Hitler's?Adolf Hitler is a man who is a German. His name means The Leader. He was born in April 20, 1889 in Austria. He died on April 30, 1945 in Berlin, Germany.
He is known to be the great leader of the Nazi Party and also the chancellor and lastly the Führer of Germany.
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The Cuban Workers Confederation (CTC) consists of 19 individual member unions and is the only
trade union federation that has been recognized by the Cuban government since the 1959 revolution.
Workers are not permitted to organize outside of the CTC, which remains under strict government
control. Cuban law recognizes the right to organize. However, according to Article 16 of the labour
code, unions must support national development and the Cuban socialist model. The government
claims that there is no legal requirement to join the CTC. However, membership is implicit in
employment contracts.
Cuban law does not grant workers the rights to strike. Since the state controls the labour market, it
determines pay and working conditions in the public sector. In the private sector, foreign investors are
required to contract workers through state employment agencies, which pocket up to 95 percent of
worker salaries. The minimum wage in 2008 was approximately 225 pesos ($9) per month.
Dissatisfied workers are allowed to refuse to work only when infrastructure or machinery poses a risk
to their health and well-being. The labour code states that trade union inspection of work can order
the shutdown of machinery, equipment and tasks and propose that the workplace be closed down, if
the conditions are such that an imminent workplace accident is foreseen. However, there is little
evidence that this provision is ever implemented.
Independent trade unions face severe restrictions, and members are subject to physical abuse, loss of
employment, confiscation of property, and imprisonment. According to the International Trade Union
Confederation (ITUC), anyone who engages in independent trade union activity runs the risk of
being persecuted and losing their job. Workers are required to keep an eye on their colleagues and
report any 'dissident' activity." In March 2003, 75 Cubans were jailed as political prisoners, including
seven leaders of independent trade unions. Several were later released into exile. In February 2009, a
number of trade union members, including the president of the Confederation of Independent Workers
of Cuba, were detained and threatened.
1. From the case study, identify and explain the form of state intervention applicable in the case
study and indicate alternative intervention which the state may adopt to promote rights and
interests of employees in Cuba. ( Possible 10 marks)
2. Identify and explain the form(s) of state intervention/s adopted in South Africa. And provide
examples (Possible 15 marks)
Remember when answering questions to:
- Identify
- Apply
- Explain
a) In the case study of Cuba, the form of state intervention applicable is state control and restriction of trade unions and labor rights. b) The interventions include legislation, regulatory bodies, and social dialogue.
a) In the case study of Cuba, the form of state intervention applicable is state control and restriction of trade unions and labor rights. The state, through the Cuban Workers Confederation (CTC), has a monopoly on trade union representation and strictly controls labor organizations. Workers are not allowed to organize outside of the CTC, and membership is implicit in employment contracts. The state determines pay and working conditions in the public sector and foreign investors are required to contract workers through state employment agencies, which heavily deduct worker salaries.
An alternative intervention that the state could adopt to promote rights and interests of employees in Cuba is to allow for independent trade unions and genuine freedom of association. This would involve the recognition and protection of workers' rights to form and join trade unions of their choice, negotiate collectively, and engage in collective bargaining. The state could establish mechanisms to ensure fair wages, safe working conditions, and protection against arbitrary dismissal or persecution. Additionally, the state could encourage and support the development of worker cooperatives, giving employees more ownership and control over their workplaces.
By adopting these alternative interventions, the state could foster a more democratic and inclusive labor environment, promote workers' rights, and ensure greater representation and protection of employees' interests.
b) In South Africa, several forms of state intervention are adopted to protect the rights and interests of employees. These interventions include legislation, regulatory bodies, and social dialogue
Legislation, The South African government has enacted various labor laws to safeguard workers' rights. These include the Basic Conditions of Employment Act, the Labour Relations Act, and the Employment Equity Act. These laws establish minimum standards for wages, working hours, leave, and other employment conditions, and provide legal protections against unfair dismissal, discrimination, and exploitation.
Regulatory Bodies, The state has established regulatory bodies to oversee and enforce labor laws. For example, the Commission for Conciliation, Mediation, and Arbitration (CCMA) provides dispute resolution services, promotes fair labor practices, and facilitates collective bargaining between employers and trade unions. The Department of Employment and Labour is responsible for enforcing labor legislation and promoting decent work conditions.
Social Dialogue, The South African government encourages social dialogue and collective bargaining as a means to address labor issues and promote the rights and interests of employees. Tripartite structures, such as the National Economic Development and Labor Council (NEDLAC), bring together government, employers, and trade unions to engage in negotiations, policy development, and decision-making processes that affect labor and employment.
Examples of state interventions in South Africa include the setting of minimum wages through the National Minimum Wage Act, the establishment of the Employment Equity Commission to promote workplace equality, and the provision of mechanisms for collective bargaining and dispute resolution through the CCMA.
These state interventions aim to protect workers' rights, ensure fair labor practices, and promote social justice and equality in the South African labor market.
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What does the Panama Canal do?
Links the Atlantic and Pacific Oceans
Links the Amazon and Colorado rivers
Cuts the country of Mexico in half
None of the above
Correct answer is Links the Atlantic and Pacific Oceans (A)
Answer:
The Panama Canal is a constructed waterway that connects the Atlantic and Pacific oceans across the Isthmus of Panama. It is owned and administered by Panama, and it is 40 miles long from shoreline to shoreline. Ships can cross going in either direction, and it takes about 10 hours to get from one side to the other.
ANCIENT HISTORY STUDENTS I NEED HELP !
I'm writing an essay on evidence on the Trojan War and I need to find sources related to my inquiry question, "how do the events described in Homer's epics, the Iliad and Odyssey align with known historical and archaeological evidence of the Trojan War?"
I just need some websites that would be great
The events described in Homer's epics, the Iliad and Odyssey, align to a certain extent with known historical and archaeological evidence of the Trojan War.
How do the events align with known historical and archaeological evidence of the Trojan War?While it is widely accepted that the Trojan War was a real historical event, the extent to which the events described in the Iliad and Odyssey align with known evidence is a subject of debate among scholars.
Archaeological excavations at the site of Troy conducted by Heinrich Schliemann and later by Manfred Korfmann have revealed the remains of a city that experienced multiple destructions and reconstructions which suggested a long period of conflict.
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The government raises money on the federal level through which taxes? *Check all that apply.*
A. income taxes
B. tariff taxes
C. occupation taxes
D. excise taxes
E. sales taxes
F. corporate taxes
G. property taxes
Answer:
a,b,e,g
Explanation: i had a question like this and i think that is the answer
Which two groups in Latin American colonial society controlled both the government and military?
Answer:Catholicism or the Christian Church
Explanation:rhrdhrdhdrhdrhdth
The US did not
immediately enter
WWII. Summarize the
two movements before
the bombing of Pearl
Harbor.
Answer: Prior to Pearl Harbor, the United States had been involved in a non-combat role, through the Lend-Lease Program that supplied England, China, Russia, and other anti-fascist countries of Europe with munitions.
What is the bombing of Pearl Harbor?
The attack on Pearl Harbor was a surprise military strike by the Imperial Japanese Navy Air Service upon the United States against the naval base at Pearl Harbor in Honolulu, Territory of Hawaii, just before 8:00 a.m. on Sunday, December 7, 1941.
What was WWII?World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers.
after being executed by italian partisans on april 28, 1945, the corpse of benito mussolini was publicly displayed in the piazzale loreto square in which city?
After being executed by Italian partisans on April 28, 1945, the corpse of Benito Mussolini, the former Fascist dictator, was publicly displayed in the Piazzale Loreto Square. This event took place in the city of Milan, Italy.
The Italian fascist dictator and his mistress, Clara Petacci, were captured by the partisans while attempting to flee to Switzerland. They were executed by firing squad on April 28, 1945. Following their deaths, their bodies were taken to Milan and hung upside down from the roof of a petrol station in the Piazzale Loreto square for public display. This event marked the end of Mussolini's regime and was a symbol of the defeat of fascism in Italy. The public display of Mussolini's corpse was a stark reminder of the horrors of war and the devastating consequences of dictatorship. The display of his body was eventually taken down and buried, and Italy began the long process of rebuilding after World War II.
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Who was the last king of English
3. Briefly outline the history of Persia from the fall of the Safavid Empire until WWI. How did defensive developmentalism proceed here? What was the "Great Game" and who were the primary players?
After the fall of the Safavid Empire in the early 18th century, Persia experienced a period of political instability and foreign interference.
The Qajar dynasty emerged as the ruling power in the late 18th century and established a centralized state with Tehran as its capital. However, Persia was increasingly weakened by internal divisions and external pressures from European powers seeking to expand their influence in the region.
Defensive developmentalism emerged as a response to these challenges, with Persian leaders seeking to modernize and strengthen the country's military and economy to better resist foreign encroachment. This involved adopting Western-style institutions and technologies while also maintaining a degree of cultural and political independence.
The "Great Game" was a geopolitical struggle between the British and Russian empires for influence in Central Asia, which had strategic importance as a buffer zone between their respective spheres of influence. Persia was a key battleground in this conflict, with both powers seeking to gain control of its territory and resources. Other players in the Great Game included local tribes and warlords, as well as other European powers such as France and Germany.
Ultimately, Persia's defensive developmentalism was unable to withstand the pressures of the Great Game and the broader forces of European imperialism. The country became increasingly divided and weakened, leading to its eventual partition and colonization by foreign powers in the early 20th century.
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An investor who speculates on a stock:
Answer:
Speculators generally try to make money by buying when prices are low and selling when prices are high. Rather than buying investments and holding them for long periods of time, speculators try to take advantage of short-term volatility in the market.
Where were the textile factories in the colonies?
Georgia
New York
Carolinas
New England
The textile factories in the colonies were primarily located in New England. The correct option is D.
New England's plentiful water resources, which provided energy for machinery that was powered by water, made it well-suited for the production of textiles.
The region experienced the growth of textile mills and factories in the late 18th and early 19th centuries, particularly in states like Massachusetts and Rhode Island.
During the American Industrial Revolution, New England developed into a center for textile production thanks to the accessibility of cotton from the Southern colonies and raw materials from other parts of the world.
Thus, the ideal selection is option D.
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This architectural complex: a. was built by the Khmer ruler Suryavarman II. b. is an example of a temple mountain. c. was a symbol of the ruler's merit and divine authority. d. was dedicated to the ruler's chosen deity, Vishnu. e, all of the above
D) The given options suggest that the architectural complex in question encompasses all of the above characteristics. It was built by the Khmer ruler Suryavarman II, represents a temple mountain, serves as a symbol of the ruler's merit and divine authority, and is dedicated to the chosen deity Vishnu.
The architectural complex referred to in the options is most likely Angkor Wat, the renowned temple complex located in present-day Cambodia. Constructed by the Khmer ruler Suryavarman II in the 12th century, it is a prime example of Khmer architecture and Hindu religious symbolism.
Angkor Wat is considered a temple mountain, characterized by its towering central structure surrounded by multiple levels and enclosures. It was dedicated to the Hindu deity Vishnu, as evident from the numerous Vishnu-centric iconography and inscriptions found throughout the complex.
As a grand architectural feat, Angkor Wat was not only a religious monument but also a manifestation of the ruler's power and divine authority. Its construction demonstrated the ruler's devotion, wealth, and ability to mobilize resources for monumental projects. By associating himself with Vishnu, Suryavarman II sought to legitimize his rule and present himself as a worthy and favored leader.
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How did mobilization affect WW2?
Throughout the duration of the war, mobilisation gave minorities and women the chance to advance their financial status while also sparking discussions about racial segregation. Civil liberties were also impacted by the internment of Japanese Americans and other wartime experiences.
Which races are minorities?
Depending on the situation, the word "minority group" can be used in a variety of ways. A minority group, according to its usual usage, can be easily understood in terms of demographic sizes within a population, i.e., the group in society with the fewest members is the "minority." However, a group that makes up the smallest percentage of the population is not necessarily considered to be a "minority" in sociology, economics, or politics. The phrases "minority" and "majority" are better understood in the academic setting in terms of hierarchical power relations.
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How does the Bill of Rights help
ensure that the central government
does not become too strong?
The Bill of Rights is an essential concept of polity that prohibits the government to act against the basic rights of an individual and thus prevents a state of anarchy in a democratic country. It ensures remedial measures to resolve the issues caused due to violation of rights. They are also known as Fundamental Rights in India.
The framers of the Constitution always had a keen understanding of the laws that must prevail in a diverse nation like India and how the laws are restricted or misused and not provided to people on several grounds. This backdrop was present due to the long-fought battle of Independence where the nationalists were put behind bars for no reason, the act of treason and cheating were imposed, and debarred from free mobilization, trade, and other basic rights were not given to people.
To restrict such actions by the central government in Indian democracy, the constitution provided a Bill of Rights guaranteed to its citizens, though there existed some reasonable restrictions on these rights. The list of such rights is the Right to Equality, Right to Freedom, right against exploitation, right to freedom of religion, Cultural and educational rights, and right to constitutional remedies. These rights thus prevent the central government to act as tyrannical rulers and hence maintain checks and balances among the government and citizens. The government in Africa also brought such rights to the people after bringing an end to the regime of apartheid.
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12. Which of the following assumptions best characterized the assumption about how individuals formed expectations of inflation by the early 1970s? A) Expected inflation for the current year was smaller than the previous year's inflation
rate.
B) Expected inflation for the current year was approximately equal to the previous year's inflation rate.
C) Expected inflation for the current year was less than the previous year's inflation rate.
D) Expected inflation for the current year equal to the average inflation rate over the past
five years.
E) Expected inflation for the current year equal to the average inflation rate over the past ten years.
13. For this question, assume that individuals form expectations of inflation according to the
following equation retent-1. From 1970 on, the value of 0 for this equation
A) increased over time and approached 1.
B) decreased over time and approached zero. C) remained constant at zero.
D) remained constant at negative one.
E) none of these
14. If a country experiences persistently low inflation, which of the following tends NOT to
occur?
A) wage indexation will become less important B) nominal wages will be set for shorter periods of time C) the markup over labor costs will decrease
D) all of these
Page 3 of 4
15. Which of the following explains why the original Phillips curve relation disappeared or, as some economists have remarked, "broke down" in the 1970s?
A) Individuals assumed the expected price level for the current year would be equal to the actual price level from the previous year.
B) Individuals assumed that expected inflation would be zero C) Individuals changed the way they formed expectations of inflation.
D) Monetary policy became contractionary. E) More labor contracts became indexed to changes in inflation.
Answer:
12. B) Expected inflation for the current year was approximately equal to the previous year's inflation rate. This assumption was known as adaptive expectations and was widely used by economists to explain how individuals formed their expectations about future inflation rates.
13. C) remained constant at zero. This equation shows that individuals' expectations of current inflation are based on their expectations of inflation in the previous period. A value of zero means that individuals assume that current inflation will be equal to past inflation, on average.
14. B) nominal wages will be set for shorter periods of time. When inflation is low and stable, there is less pressure for employers to adjust wages frequently to keep up with rising prices. This means that nominal wages can be set for shorter periods of time, without the risk of losing purchasing power due to inflation.
15. C) Individuals changed the way they formed expectations of inflation. The original Phillips curve showed an inverse relationship between unemployment and inflation, but this relationship began to break down in the 1970s. One explanation for this is that individuals began to form their expectations of inflation differently, using more sophisticated methods such as rational expectations. This made it more difficult for policymakers to use monetary policy to stabilize the economy.
list all the consequences of the French and Indian War. (Select all that apply)
A) Loss of French territory west of the Appalachian Mountains
B) Aperiod of peace between France and England
C) A strengthening of French territory in North America
D) Increased debt for Great Britain
E) A desire for western settlement by colonits
The consequences of the French and Indian War are the Loss of French territory west of the Appalachian Mountains and Increased debt for Great Britain. The correct options are age a and e.
What is the French and Indian war?The French and Indian War was a theatre of the Seven Years' War, which pitted the North American colonies of the British Empire against those of the French, each side being supported by various Native American tribes. At the start of the war, the French colonies had a population of roughly 60,000 settlers, compared with 2 million in the British colonies.
The outnumbered French particularly depended on their native allies.
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By the 1830s, most Baptists and Methodists in the South:a. condemned slavery.b. owned slaves.c. were wealthy planters.d. were active in reform movements.e. defended slavery
The correct answer is Option d. defended slavery. By the 1830s, the majority of Baptists and Methodists in the South were white, land-owning planters who depended on the labor of enslaved Africans to work their plantations.
Many Baptist and Methodist leaders in the South believed that slavery was a biblical institution that was necessary for the economic prosperity and moral well-being of the South. They argued that slavery provided a stable and orderly social order, and that it was compatible with Christian values and principles.
However, by the 1830s, there were also increasing calls for abolitionism and reform in the North, and many Baptists and Methodists in the South began to feel pressure to take a stand on the issue of slavery. Some began to advocate for gradual emancipation, while others argued that slavery was a necessary evil that could not be abolished without causing widespread social and economic chaos.
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Why was the caste system important to Indian society?
O A. It made sure people were treated equally.
O B. It separated India from the rest of the world.
O C. It forced all people to join the military.
O D. It decided what jobs people could do.
B b
Answer:
Explanation:
At birth, every child inherits his or her ancestor's caste, through the Hindu varna system, which determines their social status and assigns them “spiritual purity”. This inherited status can determine where you live, what you eat and who you marry, and even where you can be buried or cremated when you die.
Answer:
D
Explanation:
A class system in which a person is born into a specific class, or caste. Movement from one caste to another is usually not allowed.