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Example of supply create its own demand?

For example > Supply means somebody did work to create that supply, work means somebody earned wages by creating that supply(producing something which is going to be sold out). Wages is what enable that worker to then demand goods and services from other workers. Which then becomes their wages, and so on.


Why do we need to pay property taxes?

These taxes provide revenue to enable the government levying the taxes to pay for services they provide such as police and fire protection.


What is goods and money used in the production of goods and services?

Goods and money used in the production of goods and services are referred to as factors of production. These include tangible resources, such as raw materials and machinery, as well as financial resources that fund the production process. Together, they enable businesses to create products and deliver services that meet consumer demand. Essentially, these elements are crucial for transforming inputs into outputs in the economy.


What are the basic reasons that Indian service sector is growing?

The Indian service sector is growing primarily due to rapid advancements in technology, which enhance efficiency and enable the delivery of a wide range of services. Additionally, the rise of a skilled workforce, particularly in IT and business process outsourcing, has attracted global companies to India. Economic liberalization and increased foreign investment have further fueled growth, while a burgeoning domestic market driven by urbanization and rising incomes also contributes significantly to the sector's expansion.


What are the drivers of globalization?

1. Communication : example : Internet . Internet provides easy and effective communication thus reducing the time needed to exchange details. It also provides opportunity identify new markets and new products. 2. Connectivity : example : Transportation: Air, sea and other surface based transport enable movement of goods and people. 3. Knowledge : Knowledge of markets and regulations. 4. Standardisation : example : Accounting standards. IFRS provides uniform way of presenting the financial information. It is also possible to standardise laws and technical terms which will enable understanding and resolving disputes. In-co-terms is an example of such standardisation.

Related Questions

Why do companies have delivery tracking?

Companies have delivery tracking to enable customers to track their packages from dispatch to delivery and know exactly what is happening. It makes it convenient for customers and gives them a better idea of when delivery is likely.


Which two services are required to enable a computer to receive dynamic IP addresses and access the Internet?

Which two services are required to enable a computer to receive dynamic


What services are available to enable one to send email to faxes?

Some services available to enable you to send email faxes include eFax, MyFax and MaxEmail. You can learn more about these services and use them online at their official websites.


Which supplementary ISDN services enable conference calling?

Multiparty


How do you know what to enable and disable on your computer?

Disabling stuff on your computer may be dangerous and could create problems. However, enabling may slow down your computer. There are many enable / disable you can do on a computer, for example; start up programs, effects, services and more. The best thing is to google what you want to enable / disable on your computer. There are many tweak programs out there which tell you what the option is for and if to enable / disable it.


Which companies enable you to send purchased chocolates to a different address?

The following companies enable one to send purchased chocolates to a different address: Purdy's Chocolate, Butler's Chocolate, Godiva Chocolate, Whitaker's Chocolate, Ethel M Chocolates.


IM services are programs that enable you to?

Communicate with friends in real time.


Where can one find coupon codes for bouquet delivery?

Coupon codes for bouquet delivery can be found at websites, such as Ultimate Coupons, Proflowers, Retailmenot and Offers. Coupon codes can enable purchase of bouquet delivery with ten percent or more discount.


What does the goods and services continuum enable marketers to understand?

The goods and services continuum enables marketers to see the relative goods/services composition of total products.


What does the enable command do in a cisco router?

The "enable" command will bring the privilege level from user exec to privileged exec. Example: R1> R1>enable R1#


How do you put sound on safe mode?

To enable sound in safe mode, one should enable both the audio and plug & play services. These settings can be accessed by typing 'services. MSc' into the run dialogue box and pressing enter.


Which technique is an example of operating system hardening?

Type your answer here... Enable IP filteringAnswer Explanation: To ensure operating system hardening, you should enable IP filtering within the operating system whenever possible. This restricts the type of services that users can connect to, regardless of the computer's logical position within the network.