Why do nations tend to have mixed economies?

Why do nations tend to have mixed economies? A mixed economy permits private participation in production, which in return allows healthy competition that can result in profit. It also contributes to public ownership in manufacturing, which can address social welfare needs. What are the benefits of a mixed economy? In a mixed economic system, free […]

How did the merchant class influence the Renaissance?

How did the merchant class influence the Renaissance? The merchant class in northern Italy influenced the Renaissance both by pursuing art in times where there were few opportunities to expand, and by becoming intensely involved in political life. Since merchants had to earn their success, their belief in individual achievement became important during the renaissance. […]

What is a federal democratic republic?

What is a federal democratic republic? The Constitution establishes a federal democratic republic form of government. It is a democracy because people govern themselves. It is representative because people choose elected officials by free and secret ballot. It is a republic because the Government derives its power from the people. How does a federal republic […]

Which of the following financial statements is required for private not-for-profit organizations?

Which of the following financial statements is required for private not-for-profit organizations? Nonprofits use four main financial reporting statements: balance sheet, income statement, statement of cash flows and statement of functional expenses. Three of these are similar to common for-profit company statements, with the functional expenses statement being unique. Which of the financial statements that […]

Does race determine social class?

Does race determine social class? The relationship between SES, race and ethnicity is intimately intertwined. Research has shown that race and ethnicity in terms of stratification often determine a person’s socioeconomic status (U.S. Census Bureau, 2009). Furthermore, communities are often segregated by SES, race, and ethnicity. Which sociological perspective helps us to recognize the ways […]

How did militarism start?

How did militarism start? The main event of Militarism causing World War one was the naval rivalry which was made after 1900. Britain had the most powerful navy in the world. The new Keiser Wilhelm announced his intention to build a bigger German navy than Britain. What are the causes of militarism? Militarism is the […]

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