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Q: Innovation is the hallmark of entrepreneurship discusscritically critically?
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Continue Learning about Economics

When did Robert Crandall first recognize the importance of computers in business?

It was while working at Hallmark in 1962 that he began developing theories about how computers could revolutionize the ways in which businesses marketed themselves.


Why did the Great Crash represent a hallmark in the U.S. business cycle?

The Great Crash signaled a severe contraction of the economy.


On a gold pin what does the mark of 2 acorns back to back with an I stamped in one and an U stamped on the other along with a D inside of a square stamped on it mean?

I have a 14k gold gold pocket watch case that has the same hallmark on it as well. I still haven't found out who the maker is.


What is the Difference between industrialized agriculture and subsistence agriculture?

The difference is largely based on the farmer's decision of what to grow. If s/he is growing crops and livestock which he plans to use only to feed his family and not to sell, it's subsistence agriculture. Once he crosses the line to selling more of what he grows for (hopefully) a profit than he keeps for his family, then he is heading toward industrialized agriculture. A hallmark of industrialized ag is also the use of machinery to produce the crop.


What is Suriname's economic system?

State controlled capitalism forms the basis to the economic system that's found in the Republic of Suriname. The profit motive is considered the hallmark of capitalism. Evidence of such a motive, from the local to the national levels, may be found in the continuous presence of the Alcoa subsidiary Suralco in Suriname since 1916.The capitalist economic system is considered to be under state control when there's a strong, centralizing national influence over banking, business, and political economy. Such control may be found in the absolute requirement of all business activity and business people to be registered with the Republic's sole Chamber of Commerce.