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What is difference between open end and closed end economy?
Open economy's will export & import goods and services. Closed economies put heavy restrictions on importing goods and services. The closed economies can put restrictions on through tarrifs, and laws to protect it's citizens jobs, resources, and management. Some have mixed economies like Russia. The airline industry in Russia will only hire Russian Piolets. This is creating a shortage of piolets and therefore increase the wages for the jobs. However, Russia still imports many other goods & services. Another example of closing the economy is Thiland is restricting the export of rice. Thiland is the #1 exporter of rice in the world. This is creating shortags world wide and felt most severly in African nations.
What are pros and cons of british theory mercantilism?
Pros:New england ship building prosperedincreases the motherlands wealthenglish military forces protected the colonies from potential attacks by the french and spanishchesapeake tobacco had a monopoly in englandCons:colonial manufacturing severly limitedcolonies sell their raw materials cheap to buying the finished product for more moneychesapeake farmers received low prices for their cropscreated negative political effects on british---colonial relations
Is their any disadvantage to a government subsidizing domestic firms to make them able to compete in price with cheaper imported goods?
Some positive elements are that it helps domestic consumers, firms and, workers. However, it could lead to inflation or an overall increase in price of products across all sectors. People may also end up paying higher taxes on goods.
What is the definition of severly?
Strictly or harshly.
What does sniffing coke do to your nose?
damages it severly
Is the Ob River polluted?
no it is not Polluted
Does psoriasis itch severly?
Yes it is. Take it from someone who has it.
How did aaliyahs body look after the airplane Incident?
severly burnt
Law that severly limited the rights of freedman?
Black Code
What were the risks of being a soldier?
You Could die Or severly injured
can people with severly high blood pressure (like 190over130)get social security benefits?
can people with severly high blood pressure ; like 190 over 130 get social security benefits
What were the consequences of being a slave fugitive?
Re-captured slaves would be returned to their owners, who might beat or kill them. A common way to keep slaves from running again was "hamstringing", where they would cut the hamstring on the back of the heel, so they couldn't run.
Why are mask important?
because it helps you stay away from bacteria when you are severly sick.
What happened to people tha tried to hide Jews?
They were severly punished or killed.
What are the health effects of water?
if not filtered, you can get severly sick with many infectious diseases
