Miss Hare's class.
Increased numbers of working women
increased exchange of ideas and goods ~KAILEN APRIL
Political economy studies political processes through the application of rational choice theory and economic methods. It understands the world using a primarily individual, self-maximising framework and focuses heavily on political institutions and their effect on economic outcomes.
The multiplier effect amplifies initial spending in the economy, leading to increased overall economic activity. When an individual or business spends money, it generates income for others, who then spend a portion of that income, creating a ripple effect. This cycle can lead to higher demand for goods and services, increased production, and job creation, ultimately boosting economic growth. In times of recession, the multiplier effect can be crucial for recovery by stimulating consumer spending and investment.
The Great Awakening
Prices of goods increased from the normal state.
Increased numbers of working women
The new political and economic ideas of the Renaissance, such as humanism and mercantilism, encouraged a focus on individualism and the pursuit of wealth. This led to a shift away from feudalism and towards centralized governments and capitalist economies, fueling the growth of cities and the emergence of a middle class. These changes helped to lay the groundwork for the modern nation-state and global trade networks.
it caused many virgins
increased exchange of ideas and goods ~KAILEN APRIL
Political economy studies political processes through the application of rational choice theory and economic methods. It understands the world using a primarily individual, self-maximising framework and focuses heavily on political institutions and their effect on economic outcomes.
Social system was unfair
End feudalism
Increased Immigration from China had a significant effect on railroads.
Which of the following was not an economic effect of colonization? Global economic development
war will be there and no peace will be maintained. unity will not be there
The Great Awakening