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The cycle in which money changed hands resulted in profits for businesses and salaries for workers.?

true


What is downsizing strategy and its effects on businesses?

A downsizing strategy refers to reducing the general production of a business. This will have negative effects on businesses profits are also reduced and workers also lose their jobs.


Why do businesses leave go to other countries to hire cheaper help?

Payroll is usually one of the largest expenses that a company has. If you can hire lesser expensive workers and still produce the same quality of goods, you have reduced your expenses and therefore increased your profits. And businesses are in business to make profits.


How has the secondary sector changed?

they are less workers in the secondary sector as businesses are using machines and robots instead as they are cheaper and quicker as they don't need to get paid unlike workers. for example the chocolate made in Cadburys world it not made by people instead they used machines which can do the same job as workers


Which group believes the workers should own the means of production and equally divide their profits?

The group that believes workers should own the means of production and equally divide their profits is typically associated with socialism or communism. These ideologies advocate for collective ownership and the redistribution of wealth to ensure that all workers benefit equally from their labor. In practice, this can manifest in various forms, including cooperative businesses and state ownership of industries.


What Lobbying by labor unions has resulted in?

Lobbying by unions has resulted in laws that are favorable to workers, which has led to better working conditions and benefits. Laws that are favorable to workers.-Apex


Economic profits in an industry suggest the industry?

economic profits in a industry suggest the industry


What is it called when banks lend money to businesses?

Workers and Businesses


How many poor workers in Cuba feel about the new Cuban government?

They were upset that American businesses were not involved>


How has the secondary sector changed overtime?

they are less workers in the secondary sector as businesses are using machines and robots instead as they are cheaper and quicker as they don't need to get paid unlike workers. for example the chocolate made in Cadburys world it not made by people instead they used machines which can do the same job as workers


which development would most reflect karl marx's belief in the economic system that he predicted would replace free markets?

That workers would share all profits generated from a factory


What is necessary for hiring workers and organizing production?

A. Businesses