How did the housing market crash affect the economy?

How did the housing market crash affect the economy? The subprime mortgage collapse caused many people to lose their homes, and the fallout created economic stagnation. Americans faced financial disaster as the value of their homes dropped well below the amount they had borrowed, and subprime interest rates spiked. How did the great recession affect […]

What is the US legal system based on?

What is the US legal system based on? The American legal system is based on a system of federalism, or decentralization. While the national or “federal” government itself possesses significant powers, the individual states retain powers not specifically enumerated as exclusively federal. What legal system is based on legal precedents and usage traditions? Common Law […]

What is the 1st leadership principle?

What is the 1st leadership principle? 1st principle of leadership. Know Yourself and Seek Self Improvement. What are the 5 principles of leadership? Fifth Principle: A leader must exercise foresight. We’ve established that a leader must lead towards something, must help her followers to improve, and must promise and achieve victory. But to do these […]

What is tenants in agriculture?

What is tenants in agriculture? Tenant farmers are those who undertake farming on rented land. What is the difference between tenant farming and sharecropping? Both tenant farmers and sharecroppers were farmers without farms. A tenant farmer typically paid a landowner for the right to grow crops on a certain piece of property. With few resources […]

What is social inequality in sociology?

What is social inequality in sociology? Social inequality is an area within sociology that focuses on the distribution of goods and burdens in society. This is the degree to which a person’s social background, defined by their parents’ social class or economic status, influences that person’s opportunities in life. How do sociologists measure inequality? Sociologists […]

Is a hotdog a sandwich or a taco?

Is a hotdog a sandwich or a taco? According to the Cube Rule, there are eight categories of food, each defined by the placement of starch. Starch on the top and bottom that is not connected is, obviously, a sandwich. But starch on the bottom and two opposing sides is a taco. Therefore, a hot […]

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