What is meant by Central Bank?

What is meant by Central Bank? A central bank is a financial institution that is responsible for overseeing the monetary system and policy of a nation or group of nations, regulating its money supply, and setting interest rates. Who owns the Central Bank? The Federal Reserve System is not “owned” by anyone. The Federal Reserve […]

How did the Industrial Revolution develop the economy?

How did the Industrial Revolution develop the economy? The Industrial Revolution transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system. New machines, new power sources, and new ways of organizing work made existing industries more productive and efficient. How did the Industrial […]

What are the main arguments of the conflict theorists?

What are the main arguments of the conflict theorists? Conflict theorists believe that competition is a constant and, at times, an overwhelming factor in nearly every human relationship and interaction. Competition exists as a result of the scarcity of resources, including material resources–money, property, commodities, and more. Which factors do sociologists suspect were the cause […]

Can two different species occupy the same habitat?

Can two different species occupy the same habitat? The competitive exclusion principle states that two species cannot occupy the same niche in a habitat. In other words, different species cannot coexist in a community if they are competing for all the same resources. Why do different species never occupy exactly the same niche? Why do […]

What is the Department of Homeland Security do?

What is the Department of Homeland Security do? Protecting U.S. Borders The Department of Homeland Security (DHS) protects our country’s borders and manages the flow of people and products into and out of the United States. How does the Department of Homeland Security prevent terrorism? Using Technology to Stop Terrorists The Department of Homeland Security […]

What is the American policy of containment?

What is the American policy of containment? Containment was a United States policy using numerous strategies to prevent the spread of communism abroad. A component of the Cold War, this policy was a response to a series of moves by the Soviet Union to enlarge its communist sphere of influence in Eastern Europe, China, Korea, […]

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