General Knowledge Questions

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

Animals and people who eat both animals and plants i.e, both producers and consumers are called omnivores.

San Marino

The sources of state power are specifically outlined in the Tenth Amendment of the Bill of Rights.
When the Constitution was first proposed, many people were concerned about the federal government become too powerful. A group known as the anti-federalists pushed for a way to legally set aside certain rights and powers to individual states.

This amendment was added to satisfy the anti-federalists who were concerned that the Constitution would grant the federal government unlimited power.

The Tenth Amendment states that all powers that are not specifically given to the federal government are reserved to individual states.

The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

 Rishad Premji (Chief Strategy Officer (CSO), Wipro Limited) has been appointed Vice Chairman. Raman Roy has replaced Mr. CP Gurnani.