At which stage does an argumentative essay writer create and support a central claim outlining?
Answers. It should be supported through the second or third paragraph after the introduction where the claim should be. Your answer is 1. outlining.
What might happen if an economy is unable to produce wanted goods and services?
What might happen if an economy is unable to produce wanted goods and services? People will look elsewhere for them.
What do elected officials create to regulate the economy?
In a republic, elected officials create laws to regulate the economy.
What quality best describes a producer with an absolute advantage?
Absolute advantage is when a producer can produce a good or service in greater quantity for the same cost, or the same quantity at a lower cost, than other producers.
How can the government reduce the wealth gap in a mixed market economy?
How can the government reduce the wealth gap in a mixed market economy? The government can tax members of the wealthy class at a lower rate to address differences in income. The government can improve education to provide new opportunities for workers in the lower class.
What is one counter argument to the premise that the wealth gap is a serious problem?
What is one counter-argument to the premise that the wealth gap is a serious problem which needs to be addressed? The lower classes have the opportunity to invest. Poor people can easily move into the middle class. Investments by the upper class create lower-class jobs.
How much wealth did the top 20 percent of the population hold?
Exactly how rich are the Top 1%?Wealth or income classMean household incomeMean household net worthTop 1 percent$1,623,400Top 20 percent$257,200$2,h-80th percentile$40040th-60th percentile$1001 more row
What restriction would the government impose in a closed economy?
What restriction would the government impose in a closed economy? The government would prohibit trade with other nations. The government would set the prices for imported goods.
What is the most common economic system in the world?
The two predominant economic systems today are capitalism and socialism. Between these two opposite extremes lies a continuum of variations on the models.
What is the right to possess something?
The right of possession (jura possessionis) means that someone currently holds something in hand and this person may be the temporary keeper or the long-term owner of an object. This term is most commonly used in regards to property and is a land-backed asset.