Scientific Revolution Scientific Revolution was not marked by any single change, the following new ideas contributed to what is called the Scientific Revolution. Many of them were revolutions in their own fields. For almost five millennia, the geocentric model of the Earth as the center of the universe had been accepted by all but a few astronomers. In Aristotle's cosmology, Earth's central location was perhaps less significant than its identification as a realm of imperfection, inconstancy, irregularity and change, as opposed to the "heavens" (Moon, Sun, planets, stars), which were regarded as perfect, permanent, unchangeable, and in religious thought, the realm of
Central bank In this context, independence is usually defined as the central bank's operational and management independence from the government. Central bank independence is usually guaranteed by legislation and the institutional framework governing the bank's relationship with elected officials, particularly the minister of finance. Central bank legislation will enshrine specific procedures for selecting and appointing the head of the central bank. Often the minister of finance will appoint the governor in consultation with the central bank's board and its incumbent governor. In addition, the legislation will specify banks governor's term of appointment. The most independent central banks enjoy a fixed non-renewable term