Social Studies, 17.10.2021 03:20 krrrr
"How has conflict and government instability slowed economic development in Sub-Saharan Africa?
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Social Studies, 22.06.2019 10:00
What occurred during the free banking era? the dollar bill was introduced. the second bank of the united states was established. repaying of loans was not closely monitored. currency varied widely from state to state.
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Social Studies, 22.06.2019 23:10
What was the name of the theory that said that if one country in a region fell to communism, others would surely follow? 1) domino theory 2) arms race 3) brinkmanship 4) containment theory
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Social Studies, 23.06.2019 15:00
Norman jones, an economic historian at the university of utah, has described the views of the ancient greek philosopher aristotle on interest: aristotle defined money as a good that was consumed by use. unlike houses and fields, which are not destroyed by use, money must be spent to be used. there- fore, as we cannot rent food, so we cannot rent money. moreover, money does not reproduce. a house or a flock can produce new value by use, so it is not unreasonable to ask for a return on their use. money, being barren, should not, therefore, be expected to produce excess value. thus, interest is unnatural. what did aristotle mean in arguing that money is “barren”? why would money being barren mean that lenders should not charge interest on loans? do you agree with aristotle’s reasoning? briefly explain.
Answers: 2
"How has conflict and government instability slowed economic development in Sub-Saharan Africa?...
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