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Reduction in cost of a good brought about by increasing size of a production facility?
economies of scale
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What economic effects did the crusades have on Europe?
Crusaders brought back goods increasing trade.
What is an example of lower production costs brought about by technology?
An example of lower production costs brought about by technology is the use of automation in manufacturing. Advanced robotics and machinery can perform tasks more quickly and accurately than human workers, reducing labor costs and minimizing errors. Additionally, technologies like 3D printing enable companies to produce parts on-demand, decreasing waste and inventory costs. Overall, these innovations lead to increased efficiency and lower overall production expenses.
What does imposing tariffs mean?
A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.
What effect increasing economic independence have on the countries of the world?
Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
What are the Advantages and disadvantages of imports to the UK?
Advantage of importing is that raw materials are brought into the country. Foreign goods may also come at a cheaper price. The disadvantage is that it could lead to erosion of domestic markets. It also leads to a reduction in prices of local goods thus making local industries noncompetitive.
Reduction in cost of a good brought about by increased size of a production facility?
economies of scale
What is an example of lower production costs brought about by the use of technology?
what is an example of lower production costs brought about by technology
What two factors have brought about this reduction in the amount of farming in the New England states?
farming and planting
What was not a problem brought on by urbanization?
increased farm production
What is the name of the facility where Percy Jackson is brought to train for his future battles and quests?
half-blood hill.
What was not a problem brought on by rapid urbanization?
increased farm production
What was a problem not brought by rapid urbanization?
increased farm production
What economic effects did the crusades have on Europe?
Crusaders brought back goods increasing trade.
Among the important changes brought by the American revolution was?
the increasing separation of church and state
What did the Henry Ford assembly lines do?
He brought mass production to the assembly lineHe brought mass production to the assembly line by using a conveyor belt so that as the car was brought down the conveyor belt, the car would be put together peice by piece.
Who brought large-scale sugar production to the Caribbean region?
Oprah
What is A tax on production being brought into the country?
It's called a tariff.
