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How does Iraq affect its trade?
Iraq affects the whole world with trades. The trades are cheap.
What is the connection between surplus and specialization?
Surplus and specialization are interconnected concepts in economics. When a society or economy produces a surplus of goods beyond its basic needs, it allows individuals or groups to specialize in specific tasks or trades, rather than all producing the same goods for survival. This specialization leads to increased efficiency and productivity, as workers can hone their skills in particular areas, ultimately fostering innovation and economic growth. Thus, a surplus enables and encourages specialization, creating a more dynamic and interconnected economic environment.
How did the National Trades Union affect the workers?
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Do after hours trades count as day trades?
No, after-hours trades do not count as day trades. Day trades are trades made during regular trading hours, typically between 9:30 am and 4:00 pm Eastern Time. After-hours trades occur outside of these hours and are considered separate from day trades.
What is the greatest degree of of specialization of labor?
The greatest degree of specialization of labor occurs in highly industrialized and advanced economies where tasks are divided into extremely specific roles. This often leads to increased efficiency and productivity, as workers become highly skilled in particular functions, such as in assembly lines or specialized trades. In these environments, each worker performs a narrow set of tasks, minimizing time spent on transitions between different activities. This level of specialization can also foster innovation, as experts in specific fields can focus on improving processes and products.
What does California trade with Iowa?
California and Iowa make trades. These trades consist of farmland trades. Fruits, vegetables, seeds, plants, and soils are traded between California and Iowa.
Foreign trade definition?
Foreign trade is defined as trades made between different countries. The trades can be goods, research, or services.
How does balance of trades affect international trade?
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How does the location of the United Kingdom affect how the country trades?
It is near water which is the best place to trade by.
Who control trades between the US and foreign nations?
secretary of state
How did the triangular trade effect the colonies?
The triangular trade effect was a major boost to the incomes of colonial planters. Triangular trades are usually instituted between three regions when at least one of the regions has an export commodity that is not needed within its local region. Therefore, the planters were able to export their goods to a region where the products were needed and wanted.
Name one major industrial change between 1870 and 1914?
Trades
