Why economic models are useful? Economists use models as the primary tool for explaining or making predictions about economic issues and problems. For example, an economist might try to explain what caused the Great Recession in 2008, or she might try to predict how a personal income tax cut would affect automobile purchases. What is […]
Who opposed the Second Bank of the United States?
Who opposed the Second Bank of the United States? Supporters of Biddle’s bank outnumbered detractors: 128,117 people signed memorials to save the bank as opposed to 17,027 who signed memorials opposing the bank. Why did the Whigs support the National Bank? The Whig Party was formed during the 1830s by the union of diverse factions […]
How will you describe the economic institution?
How will you describe the economic institution? The term “Economic Institutions” refers to two things: Specific agencies or foundations, both government and private, devoted to collecting or studying economic data, or commissioned with the job of supplying a good or service that is important to the economy of a country. What are the different types […]
What did the Greeks Romans contribute to modern society?
What did the Greeks Romans contribute to modern society? The Romans did not have the Greek temperament for philosophy and science, but they had a genius for law and civil administration. The Romans were also great engineers and builders. They invented concrete, perfected the arch, and constructed roads and bridges that remain in use today. […]
What does the word Seminole mean?
What does the word Seminole mean? Seminole, North American Indian tribe of Creek origin who speak a Muskogean language. By about 1775 those migrants had begun to be known under the name Seminole, probably derived from the Creek word simanó-li, meaning “separatist,” or “runaway.” The name may also have derived from the Spanish cimarrón, “wild.” […]
What do rivers contain?
What do rivers contain? The water that flows in rivers is fresh, meaning that it contains less than one percent salt. However, rivers still carry and distribute important salts and nutrients to support plant and animal life. For this reason, some of the most biodiverse habitats on our planet can be found around rivers. How […]
Which pathway is involved in processing where an object is in relation to other objects?
Which pathway is involved in processing where an object is in relation to other objects? The ventral (“what”) pathway is usually described as processing objects, whereas the dorsal (“where”) pathway is described as processing space (although the two pathways have also been described as processing perception [“what”] vs. What is happening in the dorsal visual […]
Why did the US want to expand in Latin America?
Why did the US want to expand in Latin America? They believed that it was their destiny to expand their territory and spread their beliefs across the world. The United States viewed Latin America as a savage place that needed saving. Americans believed that they were helping people. The United States viewed itself as the […]
What is the first step of sewage treatment?
What is the first step of sewage treatment? Primary treatment in sewage treatment involves physical removal of particles (large and small) from the sewage through filtration and sedimentation. Initially floating debris is removed by sequential filtration. Then the grit (soil and small pebbles) are removed by sedimentation. What are the 3 stages of sewage treatment? […]
Who is not the part of British Parliament?
Who is not the part of British Parliament? The legislative authority, the Crown-in-Parliament, has three separate elements: the Monarch, the House of Lords, and the House of Commons. No individual may be a member of both Houses, and members of the House of Lords are legally barred from voting in elections for members of the […]