What do economic models assume?

What do economic models assume? Each economic theory comes with its own set of assumptions that are made to explain how and why an economy functions. Those who favor classical economics assume that the economy is self-regulating and that any needs in an economy will be met by participants. In other words, there’s no need […]

What is a reverse waiver?

What is a reverse waiver? Reverse waiver statutes allow youth who are prosecuted as an adult in criminal court to petition to have the case transferred to juvenile court for adjudication or disposition in a more developmentally appropriate way. What happens if a child is tried as an adult? If a juvenile is tried as […]

What was the Puritan Revolution in England?

What was the Puritan Revolution in England? The Puritan government – initially governed by the Long Parliament from 1640 to 1648, followed by the Rump Parliament from 1648 to 1653, and later led by Cromwell [21] as Lord Protector from 1653 to 1658 – ushered in a very restrictive era called the “Puritan Revolution” (or […]

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