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Urbanization ensures that the infrastructure of a place is developed and this brings down several costs including production and transportation costs. More people also move to urban areas and this means a business gets more clients.
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Why do business benefit from urbanization?
Urbanization makes it possible for important infrastructure to come up and this means the cost of production and transportation goes down tremendously. Urbanization also makes it possible for a business to have more clients as the population of the urban center grows.
How do new businesses benefit from the freedom of a market economy?
Happiness
How was big businesses different from small businesses?
Big businesses are able to benefit from economies of scale and the discounts associated with buying in bulk. This reduced cost of sales can be passed on to the end customer. Small businesses are often able to provide a more personalised level of customer service and may also be able to benefit from tax breaks.
What did businesses in the 1950's do to benefit from a cheaper labor pool?
Expand overseas.
How does comparative advantage benefit developing nations?
Foreign companies bring their businesses there, which raises the standard of living.
What describes urbanization?
Urbanization occurs when people flock to locations around the central part of a city to build homes and businesses and they keep building outward and upward.
What was a reaction to the increased urbanization and secularization and new science of the twenties?
In the twenties, there was increased urbanization in the form of people moving towards the cities from the country. This decade was also a time of science advancement and the secularization of schools and businesses. Some people and businesses pushed back, wanting more religion in things.
WHAT WAS A REACTION TO THE INCREASED URBANIZATION SECULARIZATION AND NEW SCIENCE OF THE TWENTIES?
In the twenties, there was increased urbanization in the form of people moving towards the cities from the country. This decade was also a time of science advancement and the secularization of schools and businesses. Some people and businesses pushed back, wanting more religion in things.
Why do business benefit from urbanization?
Urbanization makes it possible for important infrastructure to come up and this means the cost of production and transportation goes down tremendously. Urbanization also makes it possible for a business to have more clients as the population of the urban center grows.
How do new businesses benefit from the freedom of market economy?
Happiness
How do new businesses benefit from the freedom of a market economy?
Happiness
What are the impact of urbanization?
urbanization causes people to loose their jobs or maybe not even get one because there are too many people and they all need jobs. urbanization also creates more litter because people think that becasue there is so much already around they can do the same. urbanization may also cause more businesses to relocate there because there are so many people to buy into the business.
How was big businesses different from small businesses?
Big businesses are able to benefit from economies of scale and the discounts associated with buying in bulk. This reduced cost of sales can be passed on to the end customer. Small businesses are often able to provide a more personalised level of customer service and may also be able to benefit from tax breaks.
How do businesses benefit from databases?
because their nanas are all 6 feet under
In the early 1800 both businesses and farms in the US benefit?
Easy credit
In the early 1800 both businesses and farms in the US benefit from?
Easy credit
How consumers benefit from competition among businesses?
competition leads to lower prices
