Why is there no king in United States?

Why is there no king in United States? The short answer is that after independence was won in 1783 there was no political support for a king. After fighting an 8-year-long war in order to get rid of King and Parliament, the people and their leaders were in no mood to have another king. Has […]

How does Budget Deficit crowd out investment?

How does Budget Deficit crowd out investment? The impact of budget deficits on private investment is an unsettled issue. If budget deficits are to be financed by borrowing, interest rates must rise so that capital markets can reach equilibrium. High interest rates, in turn, result in a decreased investment, hence the crowding-out effect. How does […]

What is life-span perspective?

What is life-span perspective? Within the context of work, a life-span perspective holds that patterns of change and transition occur throughout the working life. Other assumptions of a life-span perspective include: The aging process is multidirectional and involves both losses and gains. What are the main characteristics of the lifespan perspective? Baltes’ lifespan perspective emphasizes […]

Who is World First Woman?

Who is World First Woman? First in the World – Women First woman in space Valentina Tereshkova USSR First woman to scale Mt Everest Junko Tabei Japan First woman to win an Olympic gold Charlotte Cooper England First woman Prime Minister in the world Sirimavo Bandaranaike Sri Lanka First American woman in space Sally Ride […]

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