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Economics

~42100 answered questions
Parent Category: Business & Finance
Economics is the study of production, distribution and consumption of goods and services whether in a city, country or a single business. Questions about supply and demand and economic theory are welcome here.
The Nania Airway has several issues. One of the biggest being that the crotch strap is very long (and according to Nania/Safety Baby/what ever current name they are using, it has to be this way because it failed crash tests with it shorter) it puts the buckles right into the child's abdomen. There i…
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The rule is rule 6.05 the subsection is (j). Here is what it says, "After a third strike or after he hits a fair ball, he or first base is tagged before he touches first base" In a tie the runner or the base is not tagged BEFORE the runner touches first so it can be interpreted as a tie goes to the …
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Answer In my opinion, Toyota offers the best overall value. In the production line, of course manufacturers will offer the best ones that would give you more mileage. But, after buying a vehicle, its brand wont really matter for the mileage it could give you. Size of the cars can also vary its b…
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Economical and Social Effects of WW1 Due to WWI, Britain's role in international trade was severely diminished. This affected the British economy badly, especially the Staple Industries (Coal, Iron/Steel, Textiles etc).During the war, the disruption of trade had led former overseas customers to Bri…
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Money values Resumes should be clear, but also concise, so they can be read quickly and easily. For numbers, then, use the term that allows the numbers to be read at a glance: $500K, not $500,000.00, and $1M, not $1,000,000. Generally, cent amounts ($0.00) are not relevant, so you can omit the…
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%REPLIES%Generally, escrow is for paying county property taxes and home insurance. An increase in either of these could be the cause. Answer Escrow payments are payments in addition to your Principal & Interest that you pay on a monthly basis. Your escrow payments are set aside and used towards year…
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This was an economic crisis, the conditions were horrible and money and supplies were low all throughout Europe. Over this period in History there were some of the greatest changes in the economics of Europe. During the first phase of this conflict The Black Death arrived in Europe and wiped out ar…
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A countries central banking system generally decides what amount of money a country can print. Contrary to popular belief, gold or precious metals are irrelevent and uncessary to give money a value. The only reason that gold (or other metals) have value is because people have accepted them as havi…
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Of course slavery hindered the economic development of the south. Before the Civil War, the north and south worked together to supply each other with what either region lacked. The north has a terribly short growing season, and rocky soil -- not a great way make a living trying to farm, so the north…
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It sent Canada into a new economic cycle. Since weapons and mitilia were needed overseas, factories needed to hire more workers. It helped to make the economy stronger knowing that we helped in the wars and are able to keep the economy together.   IN 1939, Canada was a mainly agricultura…
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After WW2 - The agricultural production in France had fallen of more than a third from 1938 to 1945, causing penury, resuppling problems and black market trading. - The manufacturing production had collapsed, in the same time, of more than an half. Moreover, the transports infrastructures had been…
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Creating DemandThis has been a controversial question in economics. Some economists have argued that this is the role of advertising. Advertising supposedly creates demand.Other economists say that's bull. Advertising just tries to get the consumer's attention so that they know a product or service …
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No. Price fixing is colusion with another retailer to set a minimum price in an area. A good example of price fixing is the price of Gasoline. The price of a gallon of gasoline does not vary more than $0.10 in a geographical area. Yet the fiscal states of the various companies selling gasoline vary …
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The behavior should not be governed by egoistic thinking but rather by an understanding of what has future for the society (for nature, for the planet) as a whole. We can call them moral rules. Also are called ethics. We have such rules already coded in our emotions as a result of evolutionary sel…
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Wealth of Nations was a book by the Scottish philosopher and economist Adam Smith. The book appeared in 1776 and is the great classic work of laissez-faire economics (capitalism). It also played a key role in establishing economics as an area of study in its own right. It was the first major work in…
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18th Century American EconomyIt was an agricultural economy. In the South it was based on slave labor. Industry was still small, many producers were still craft based, ie. the local smith. Trade with England was important and English capital was very important to develop industry.18th century Americ…
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Yes and no. The Republicans had been the party of the common people until Teddy Roosevelt took office. He changed the party into an Anglophile imperial party, much like the Democrats had long been. So both parties became tools of the ruling class. His cousin, Franklin Roosevelt later changed the D…
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It is safe to say that South Africa is the richest country in Africa. It is the leading country in Africa in terms of economic or political policy. It has the biggest economy in Africa, followed by Egypt and then Nigeria, meaning South Africa the richest country in terms of GDP, with $357 Billion as…
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The Great Depression was a worldwide economic downturn starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries. It was the largest and most important economic depression in the 20th century, and is used in the 21st century as an example of ho…
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No,AQdam smith don't have wife because most of his histroy saying that so i don't think had wife. I am Student who write Redort about Adam smith and I culdn't found if he had wife or not. So Please help me to write Report about Adam Smith. I don't know what to write so i hope u guys can help thanks
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The answer depends entirely what criteria you use to measure the term "richest", this could mean monetary, natural resources, cultural, heritage etc. Bear in mind that a countries natural resources cannot be realised until they are mined or sold as raw (or refined) products - this is only a measure …
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Check the related links at right for a link showing the costs of the war by nation.
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prior to world war 2, the world had been colonised by European countries. Europe then controlled about 85% of the worlds land surface. after ww2, their economies and infrastructure were decimated and so they withdrew from nearly all of their colonies and granted them independence in what was called …
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As a people become more wealthy, they don't need to work as much to sustain themselves, and can choose to spend more time either to play sports or enjoy leisure. Some people will continue to work more than necessary, so the correlation is imperfect.
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Practically speaking, you basically have two options for how to price products and services: based on your costbased on your competition's prices Theoretically speaking, you always want to price something as high as the market will bear. In others words, you want to charge as much as your customers…
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Answer The goal of maximization of shareholder wealth is meant by; first, in most cases “enlightened management” is aware that the only way to maintain its position over the long run is to be sensitive to shareholder concerns. Poor stock price performance relative to other companies often leads…
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Strong, but it was based on the of cotton export to Europe and the Union blockade quickly eliminated that rvenue source.
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The world wide economic depression of the 1930's caused nations to form strict economic "blocs" in order to protect their industries and horde important raw materials. Unfortunately, Nations like Japan and Germany had to import vital resources like oil and rubber from places which were outside their…
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Reaganomics (identified with the 40th President, from 1981 to 1989) was referred to as "supply side" economics (or the critical label trickle down) because its primary aim was to increase capital and capital expenditures, intending to fight a slowing economy and eventually increase government revenu…
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Because the war required a lot of equipment for example, weapons, clothing, ships, medical supplies, and a lot more, This led to more new factories because the war had to have the supplies being made right there because when they needed stuff they couldn't wait for it to be shipped over to them.
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Ug gave his friend Org a pretty rock in exchange for a bite of Org's apple. Org later exchanged the rock for a bite of Iggy's rabbit. The following day, Iggy's wife found the rock and used it to buy a purse. Iggy would spend the rest of his days making sure the purse has new pretty rocks in it. …
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The Australian government cancelled trade agreements with Austria-Hungary and Germany. Australian pharmaceuticals firms thrived as they capitalized on the opportunity and took contracts previously awarded to German firms.
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The beauty of the Internet is that products from all over the world are readily available at your fingertips. The main things you have to be careful of in this situation is the exchange rate and shipping costs. While you may be able to find rare products internationally, you need to make sure you ev…
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The nutritionist is more of a specialist than the dietician. The nutritionist generally works one on one with a patient. The dietician generally oversees a larger number of clients, most often in a clinical setting. For more information about overall growth outlook, see link.
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Historically, a fully free market has never existed. Most "free market" economies are "mixed." To expound on the above, a "true free market" is one where there is no government involvement whatsoever - that is, no regulations or laws of any sort. The only role of a government in a TFM is to provide…
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Economics: With slavery abolished the South's economy greatly suffered and was in great need of reconstruction. Politically: African American's and whites were greatly divided politically--not severally as the northerns and southerners however, who were very mad at one another and for many years …
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It depends on your vehicle's gas mileage and the current price of gas. Say you have a 10 gallon gas tank and get 22 miles per gallon. You have 220 miles to the tank.1000 miles to travel, and an average $2.50 per gallon of gas1000 miles / 220 miles = 4.55 tanks of gas4.55 tanks of gas * 10 gallon gas…
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Answer Sure, profit maximization relates to profits *only* while shareholder wealth also involves total company equity, debt ratios and any of 15 other financial performance measure ratios. Management could focus on profit maximization over a longer period of time, say, 40 years (Toyota), while t…
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Answer Short answer: The treasury estimates 147.6 million ounces of gold are held at Fort Knox. The US government owns it. Both of those answers are controversial. Long answer: In 1933, the US government, on order of President Roosevelt, undertook to confiscate most of the …
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Pennsylvania is the home to 50 Fortune 500 Companies and the largest employer is WalMart followed by the University of Pennsylvania and UPS. Merck is the state's largest manufacturer and it ranks 19th among the states in agricultural production.
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People buy for diffrent reasons. I.E. (One person signs up at a GYM to lose weight and avoid a heart attact) another (To have six pack abbs of steal to whoo the ladies) If you study human communication like classy and elegant sales or NLP. You will better connect and sell to many more people than th…
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Gasoline comes from oil. Retail prices are determined by the sellers, based on their costs, and the prices paid to produce, transport, and refine oil. The factors influencing these costs are discussed below. The Rise and Fall of Prices The price of oil rose from $19 a barrel in 2002, to over $140 a…
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Advantages of a Multi-National Business Entering a Mature Market There aren't many. A mature market economy, by definition, is one that has been around long enough to meet the needs of its consumers. For a multinational business (MB) to enter a market that has its needs already met is problematic…
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Answer Soccer in Europe. Basket-ball, Foot-ball in Usa It depends really.. It depends on your skills on that sport. If you have talent, then you can earn lots of money in any sport.
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International finance is a way to maximize shareholder wealth. The features of international finance includes foreign exchange risk, political risk, expanded opportunity sets and market imperfections.
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Answer 1- Europe (remember Italy, French, UK and Germany are 4 world's power) 2- USA 3- China. 2006 GDP Figures from the CIA World Factbook, in Trillions of dollars, purchasing power parity: European Union: 13.080 United State: 13.060 China: 10.210 Prior to 2005, and probably back to 1942, t…
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The money we make, area we live in and bills determine our standard of living. If you make $50,000 and live in rural Idaho, then you are considered 'well-off' and comfortable. If you make the same amount of money, but live in Seattle, then you are considered barely afloat and probably poor. Housing…
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Lots of different factors, but per capita income can give a rough indication of people's standards of living. But basically every aspect of your life needs to be measured to produce a completely accurate measurement.
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Benjamin Bernanke is the chairman of the board of the Federal Reserve. He was appointed in 2006 by President Bush. Bernanke was preceded by Alan Greenspan.
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Answer really there is not much to do except upkeep on the car in its best condition, but in theory people have added a water vapor system to their cars and increased by 15-30% but on the down side you are looking at about $1,000 or better to have one installed. I changed to synthetic oil, Shell…
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Foreign exchange risk is the level of uncertainty that a company must manage for changes in foreign exchange rates, that will adversely affect the money the company receives for goods and services over a period of time. For example, a company sells goods to a foreign company. They ship the goods to…
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Answer All industrial nations are rivals with one another. They compete for resources and markets constantly. Britain, owing to political unity earlier than most of the other European nations, was able to gather a huge empire, at one point comprising about one fourth the entire globe in area and…
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take it to Midas is a good answer, but i was hoping that someone with some knowledge with Titan's could give me a performance exhaust that will not jeopardize the warranty. I have an 05 Nissan Titan, I installed a set of JBA Shorty Headers, Magna Flow Highflow Catalytic Converters, Magna Flow True …
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The economy in the USA was just starting to recover from the Great Depression when Japan attacked Pearl Harbor. The economy really recovered when everyone was employed either in the military, in a war plant or in the general businesses. Many married couples were able to save money to buy houses and …
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The Marlin 336 RC 32 Special rifle with lever action is offered for sale at prices between $350 and $450. The price depends on the condition of the rifle and any accessories that may come with it.
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Denmark As free as the vast majority of other European countries. It's a constitutional monarchy with all the usual human rights and a parliamentatry democracy. It's a member of the European Union and of NATO.
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Answer Germany was in a depression because of the treaty of Versailles and the debts it created for them. Answer Germany in 1939 had not been crippled by the debts of the Versailles treaty. Hitler in a short period of time spent more on re-arming Germany than Germany had ever paid to France &…
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take a look at the following page which has a lot of jobs listed for those with a degree in economics http://www.econ-jobs.com
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Answer - in a word, YES. The Federal Reserve has frequent internal audits performed by its Office of the Inspector General. There is also a complete audit of the financial statements of the Federal Reserve every year by a private external auditing firm, currently Deloitte. However the Government Acc…
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A free market economy is one in which commerce is unrestricted by government. Thus cost and availability of products are primarily determined by supply and demand, with little or no influence from taxes, tariffs, and other government regulation.
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The foreign person cannot be sponsored by their parents back home. A US based person needs to be the sponsor. This is because the sponsor basically makes a promise to the government that they will provide for the foreign person financially. If the foreign person ever ends up on government assistance…
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it increased wages
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Why did Canada choose a mixed economy?1980 US president, Ronald Reagan, supported less government in the economy to reduce government spending and regulation of corporations. Canadian prime minister, Brian Mulroney, fallowed Reagan's example and fought for the shift right (less government involvemen…
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The more resources, the more economic activity is possible, the fewer resources, the less economic activity is possible. Michael Montagne
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African-American Poverty According to www.info.please there are about 39.2 million blacks in America of whom 24.7% have incomes below the federal poverty line, giving you about 9.6 million.
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The Great Depression in the US was ended by WW 2. This was because nations at war were buying US supplies. Later, with the US in the war, factory production to make war weapons ease unemployment.
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The main social opportunity in the Cairngorms is tourism; however, it is also an economic factor, as it brings in money for the local area. An average of 1.2 million people visit the Cairngorms each year; an average of £240 million is brought in by tourism each year. Typical tourist activities invo…
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Start of America's Entrance into WW2 Our entrance into ww2 was a result of ( partly) the great depression and war ias a profitable enterprise. However, being the good politician that he is, FDR realized that isolationist America would never start a war that we didn't have cause to enter. Remember…
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dragons lots and lots of freaking dragons.
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Austria's economy expanded during World War 2 as the country played a role in fueling the German war machine. After the war, however, the nation's economy was in shambles.
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First, a "developing country" or "developing economy" is a good thing. It simply means its "developing" toward a more advanced economy such as an Australian or German economy etc. There are a bunch of indexes used to measure the stages of a developing country such as: (life expectancy, access to hea…
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Outsourcing helps businesses save cost by hiring offshore workers to do the work. Because work is outsourced, local workers lose jobs and it then begin a chain reaction where their inability to secure their own home and other basic needs add up to the increasing poverty level, less consumer spending…
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I think its definitely a possibility, maybe not the US alone, but if they were the first to make a move other MEDC countries would follow. I believe that reducing debt, increasing fair trade, and giving less aid would help LEDCs to slowly improve. it would let them get back on to their legs. Yes it…
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Trade was by direct exchange of goods. As trade expanded, it became expedient to have tokens instead of cartloads and shiploads of good, and as a store and reserve of value. So tokens were used - especially tokens which had a high intrinsic value of their own, such as metals and gems. To give some g…
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Unemployment is caused by economical collapse, such as the Great Depression of the 1930's. Since Supply & Demand is the sole factor on the economical scale, if items are not sold or bought within a country, then that country will literally close businesses since nothing is being purchased and wo…
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Unemployment can be caused by many things. Loss of employment can come from layoffs due to down sizing, or tough competition for job openings, as well as a candidate being overqualified.
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Answer Depends on your tastes, but I just bought a 400cc scooter. I commute to work 5 days a week and ride for pleasure, all for about a gallon of gas per week. Can't beat it. I purchased a 2006 Honda Accord Hybrid and it averages 38-40 mpg highway driving and about 35 mpg in the city. A good t…
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Answer An interuption in supply and demand and economic warfare, coupled with unfair business practices in the US causes the price of fuel to rise. During the original invasion of Iraq, tanker traffic in the Persian Gulf was drastically cut for fear of losing ships and cargo. This caused …
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Australia feared of formation of communist countries, Huge housing shortage after returning from world war soldiers during the greate depression Address a lack of construction Increasing population Keynesian economics Role of federal govt. Increasing recognition for the need of master plan for meto…
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There is no legitimate reason to believe so. If anything such marriages would be less likely to cause taxpayers more money for public assistance than do relationships between unmarried men and women or those that are divorced. Millions of tax dollars are spent for the care of children of unwed mothe…
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No.  It hasn't done either of these on the state level in states where it has been legalized.  Although many same-sex married couples will pay less federal income tax when the federal government begins to recognize same-sex marriage, the reduction in tax revenue is not large enough to crea…
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Boosting Exports A weaker currency boosts exports, since products produced in that country will be more competitive internationally. You can think of two ways a weaker currency can help: If you consider selling the product for a fixed domestic price (eg $100), the foreign price will be lower and at…
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Answer for USA, Canada and countries running a 60 Hz power supply service. Multi-unit load calculation Use NEC Annex D. <><><> As always, if you are in doubt about what to do, the best advice anyone should give you is to call a licensed electrician to advise what wor…
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It is because both the private sector and public sector have a say in answering the basic economic questions, thus there will be a degree of high efficiency (due to the private sector involvement) and social welfare too (due to the public sector involvement). It allows the Government to intervene wh…
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Adam Smith is known as 'the father of Economics'.
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Tobacco, rice, sugar cane, and indigo were popular crops!
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the ecomomic conditions were terrible, but i dont know anything else.
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Generally speaking an economic system's name is not related to a "type" of government. There are too many variables. What can be asked or said is " what type of government allows for a capitalist economy?"The governments typically seen as endorsing capitalism in modern day terms are those that foste…
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The economy was (in the 1700's[the official colony of Georgia had not been established until 1732, becoming the last of the original 13 colonies]) mainly based off plantations (growing both indigo and rice). Slavery didn't come until James Orglethorpe took away the ban on slavery due to constant com…
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It is very strange, especially considering the U.S. ban on trading with Cuba because it is a Communist Country Corrupt corporations and politiicians have selective ethics and values. Money and the craving for power influence these ethics and values by an inordinate number of blatantly false and…
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I believe that traditional wedding vows still include "for richer or poorer".It's difficult to understand why a spouse would end a marriage to someone they love and refer to the ending as "cutting losses".That being said, no one can live another adult person's life nor make a decision on how that li…
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Answer Bulgaria was somewhat hesitant in terms of embracing market reforms. The economy suffered greatly after the fall of communism with standard of living dropping drastically. In the mid 1990s the economy improved and reforms were implemented. Economic growth has been steady and stable, ragnin…
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The Northern colonies (or New England colonies) practiced subsistence farming. Some of the world's best fishing grounds were discovered near here. They had lots of lumber to sell. Basically, they sold their resources for money.The Southern colonies had plantations. They typically grew rice, tobacco,…
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Around 200 dollars. depending on what kind you got.
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The economic impact at Pearl Harbor was a positive one. Women were able to receive jobs and help make war bonds in order to receive donations for new supplies. The war had taken America out of depression and made it a top country.
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Actually, The U.S. Government will tell you that we are doing fine for money -but in reality we spend so much on other countries that we are about 11 trillion dollars in debt to no one except U.S. tax- paying citizens.
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Japan is a part of an island chain in the Pacific ocean. Japan is full of thick forestry , some dessert plants as well as tropical plant species.
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EconomicsOpportunity cost is the cost in terms of the best alternative forgone. Holding valuable land out of use until the owner deems it most profitable creates huge problems for cities, public infrastructure cost, community vitality and environmental health. It is a primary cause of the dual probl…
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