0
What else can I help you with?
Reduction in cost of a good brought about by increasing size of a production facility?
economies of scale
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 brings together the factors of production?
The factors of production—land, labor, capital, and entrepreneurship—are brought together by the process of economic organization and management. Entrepreneurs play a crucial role by identifying opportunities, mobilizing resources, and coordinating these factors to create goods and services. Additionally, markets facilitate the interaction between these factors, allowing for efficient allocation and utilization to meet consumer demand. This integration ultimately drives economic growth and development.
What is the name for a good brought into one country from another?
An ImportGoods are exported out of a country and imported into a different country. Goods that are brought in are called imports.An import is a good brought into one country from another.
Who brought large-scale sugar production to the Caribbean region?
Oprah
Who taught the British to grow sugar in the sugar?
The British learned to grow sugar in the Caribbean primarily from the Portuguese, who had extensive experience in sugar cultivation in Brazil. Additionally, enslaved Africans brought to the Caribbean also contributed their knowledge of sugar production techniques. This combination of Portuguese expertise and African agricultural practices enabled the British to establish successful sugar plantations in their colonies.
What is the Caribbean relation to Africa?
Europeans brought African slaves to Caribbean
What did the European bring to the Caribbean?
the europeans brought weapons and lots more to the caribbean
What did the Chinese bring the Caribbean?
the Chinese brought to the Caribbean to work on the sugar cane plantation
What did the Amerindians brought to the Caribbean?
the brought their basket making skills and their food (cassava) etc.
What animals that have four legs where brought to the Caribbean?
horses
What crop were slaves brought by the Caribbean to farm?
tabacco
What are names of clothes brought to the Caribbean by africans?
CLOTHES
What ethnic group brought duckoono to the Caribbean?
africans
What did the Chinese bring to the Caribbean?
finish the plantation
What did the Flemish and the Walloons bring to Britain?
The Flemish brought weaving and textile skills to Britain, helping to develop the textile industry in areas such as East Anglia. The Walloons brought expertise in metalworking, particularly in iron and steel production, contributing to the development of the iron industry in England.
