Stagflation is the worst case scenario an economy can achieve.
Usually, in cases of recession the demand decreases and prices fall, reducing inflation. On the contrary, in times of economic euphoria, if monetary policy is performed erroneously, inflation occurs.
However, in a situation of stagflation, recessive economic stagnation occurs along with the rise in inflation. At the same time, this scenario also has unemployment.
The reasons for stagflation come from misguided economic policies. The case of Brazil in 2015 is a good example. The country has made an expansive fiscal policy that has caused loopholes in the public accounts causing recession. In parallel, the monetary policy adopted in the same period stimulated inflation rather than controlling it. The result was a stagflation.
Result of the change to Confucianism was that
B. Government officials had to be more responsive to the people.
Explanation:
The result of the change to Confucianism was in terms of the society and the change in ways it was operated.
Confucianism based the ethics and social responsibilities of the government at the core and not the religious ideals. It was to make a more egalitarian and more responsible society.
For this, the hold on the government's work was tightened by the king and more and more, the will of the people was being listened to and catered to by the king.
Answer:
Incorporation, in United States law, is the doctrine by which portions of the Bill of Rights have been made applicable to the states. When the Bill of Rights was ratified, courts held that its protections only extended to the actions of the federal government and that the Bill of Rights did not place limitations on the authority of state and local governments. However, the post-Civil War era, beginning in 1865 with the Thirteenth Amendment, which declared the abolition of slavery, gave rise to the incorporation of other Amendments, providing more rights to the states and people over time. Gradually, various portions of the Bill of Rights have been held to be applicable to state and local governments by incorporation through the Fourteenth Amendment in 1868 and the Fifteenth Amendment in 1870.
Explanation:
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Answer:
Loktanta is a system that effects directly or indirectly to all the public.Many say loktantra is important ,some say it is not good for poor and underdeveloped country like Nepal .
The two cardinal features of democracy are:
1.Representative Government.
2.Free, fair and regular elections.
