Why is government debt bad for the economy?

Why is government debt bad for the economy? Growing debt also has a direct effect on the economic opportunities available to every American. If high levels of debt crowd out private investments in capital goods, workers would have less to use in their jobs, which would translate to lower productivity and, therefore, lower wages. Why […]

What is the amplitude of a wave?

What is the amplitude of a wave? Amplitude, in physics, the maximum displacement or distance moved by a point on a vibrating body or wave measured from its equilibrium position. It is equal to one-half the length of the vibration path. Which equation represents the formula for the speed of a wave? speed = wave […]

Why did the Spanish colonial need many workers?

Why did the Spanish colonial need many workers? Everywhere in the Americas, a crushing demand for labor bedeviled Europeans because there were not enough colonists to perform the work necessary to keep the colonies going. The Spanish believed native peoples would work for them by right of conquest, and, in return, the Spanish would bring […]

How are the Mauryan and Gupta empires similar?

How are the Mauryan and Gupta empires similar? While the Mauryan leaders eventually became Buddhists themselves and Gupta rulers remained Hindu, both tolerated the practice of many religions throughout their lands. Both empires were governed by a strong central bureaucracy that answered to the emperor. Class structure was also similar in both empires. How did […]

Are we trapped in an iron cage?

Are we trapped in an iron cage? This increased rational calculation constructs a world where rationalization is inherent in everyday life, hence creating an inescapable system that Weber coins “the Iron Cage”. In other words, we are trapped in this Iron Cage that was created by ourselves. Is rationalization good or bad? Rationalizing an event […]

What are three examples of scarce resources?

What are three examples of scarce resources? A scarce resource has infinite want and need but has finite recourses. Like you have said some of the biggest scarce resources are oil, gold, fresh water, and diamonds. But some other examples of scarce resources include trees (paper), land, jobs, and rare minerals. What are three uses […]

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