How does consumer sovereignty determine the types and quantities of the goods produced in a market economy?

How does consumer sovereignty determine the types and quantities of the goods produced in a market economy? Consumer sovereignty (demand) determines the types and quantities of goods to be produced given the scarce resources of the economy. Consumers spend their income on the goods and services that they most want. Consumers’ dollar votes determine which […]

What is the effect of stream of consciousness?

What is the effect of stream of consciousness? Via stream of consciousness writing, readers are able to track characters’ thoughts in real time, thus enabling them to understand not only what a character does but why they do it. What is the stream of consciousness technique? Stream of consciousness, narrative technique in nondramatic fiction intended […]

Why are carpetbaggers called carpetbaggers?

Why are carpetbaggers called carpetbaggers? The term carpetbagger, used exclusively as a pejorative term, originated from the carpet bags (a form of cheap luggage made from carpet fabric) which many of these newcomers carried. The term came to be associated with opportunism and exploitation by outsiders. Why were Northerners who moved to the South in […]

How do you describe your ethnicity?

How do you describe your ethnicity? Commonalities such as racial, national, tribal, religious, linguistic, or cultural origin may be used to describe someone’s ethnicity. While someone may say their race is “Black,” their ethnicity might be Italian, or someone may say their race is “White,” and their ethnicity is Irish. What is your ethnicity examples? […]

What does a positioning statement include?

What does a positioning statement include? A positioning statement is a brief description of a product or service and target market, and how the product or service fills a particular need of the target market. Positioning statements are used to describe how your product or service fills a need of your target market or persona. […]

Where do federal courts come from?

Where do federal courts come from? The U.S. Courts were created under Article III of the Constitution to administer justice fairly and impartially, within the jurisdiction established by the Constitution and Congress. This section will help you learn more about the Judicial Branch and its work. Is a state felony the same as a federal […]

Why is Washington DC so important?

Why is Washington DC so important? Founded in 1790, the nation’s capital has been a dynamic city with plenty of highs and lows to match its place in American history. Founded on July 16, 1790, Washington, DC is unique among American cities because it was established by the Constitution of the United States to serve […]

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