Explain Why Some National Emergencies Produced New and Long-Lasting Powers

question 122

Essay

Explain why some national emergencies produced new and long-lasting powers for the president while others did not.In the instances in which new powers were institutionalized,what was the long-term effect?

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Definitions:

Firm

An organization that utilizes resources to produce goods or services for profit.

Technological Innovation

The development and application of new ideas, devices, or methods in technology which significantly improve goods, services, or processes.

Cost Curves

Graphical representations of how the cost of production varies with changes in the quantity of output produced, including average and marginal costs.

Average Fixed Cost

Fixed cost divided by the level of output.