Populism, as the residue of the properly political, is the ultimate symptom of the post-political condition. Firstly, the post-political consensus itself tends towards populist gestures as a substitute for the properly political.
Comment(0) Step 3 of 3 The business cycle affects output and employment in capital goods industries and consumer durable goods industries more severely than in industries producing consumer nondurables because the spending on the former goods could be postponed but it is difficult to cut back on the latter.
Factors that can affect a shift of the curve are changes in (1) the price of the final product or output price (2) the productivity of the resource (3) the number of buyers of the resource and (4) the price of related resources.