What role does the government play in the economy?

What role does the government play in the economy? The U.S. government’s role in the economy can be broken down into two basic sets of functions: it attempts to promote economic stability and growth, and it attempts to regulate and control the economy. The federal government regulates and controls the economy through numerous laws affecting […]

Who lived in the Georgia colony?

Who lived in the Georgia colony? James Edward Oglethorpe, a philanthropist and an English general, along with twenty-one other men, created a charter to settle a new colony which they named Georgia in honor of King George II. The grant established land between the Savannah and Altamaha rivers as well as the waters of these […]

What benefits does a strong presidency provide to a representative democracy quizlet?

What benefits does a strong presidency provide to a representative democracy quizlet? What benefits does a strong presidency provide to a representative democracy? A strong presidency provided unity, stability, and protection, a strong presidency not only protects the people from other countries, but also from themselves. What were the advantages of giving one man dictatorial […]

What happens when supply decreases and demand increases?

What happens when supply decreases and demand increases? If an increase in demand increases equilibrium price and a decrease in supply increases equilibrium price, then both together MUST increase equilibrium price. The demand shift results in a larger quantity, and the supply shift leads to a smaller quantity. What happens to demand when supply decreases? […]

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