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Globalization leads to a reduction in prices for goods and services primarily due to increased competition and economies of scale. As markets open up and companies expand internationally, they can source materials and labor from regions where costs are lower, reducing production expenses. Furthermore, the influx of foreign competition drives domestic companies to lower their prices to remain competitive. This dynamic ultimately benefits consumers by providing access to a wider variety of products at lower prices.
What else can I help you with?
Five results of poverty and how these can be reduced?
Poverty can be reduced if only the nation can be obiediance, doing Gods will and be subbmitive to God. By Kenneth TK Thethe.
How does command economy's differ from a market economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
What is the significance of the term "felm r" in the context of ancient Norse mythology?
In ancient Norse mythology, the term "felm r" refers to a powerful and magical object or being that is often associated with fate or destiny. It is believed to have the ability to shape the course of events and influence the lives of both gods and mortals. The concept of "felm r" highlights the importance of fate and the interconnectedness of all beings in Norse mythology.
Who is kekuhapio and what is his importance?
Kekuhapio is a significant figure in Hawaiian mythology, known as a demi-god and the son of the chief of the gods, Kanaloa. He is often associated with the ocean and is considered a protector of fishermen and sailors. Kekuhapio's importance lies in his embodiment of the relationship between the Hawaiian people and the sea, reflecting cultural values and spiritual beliefs connected to navigation and sustenance from the ocean. His stories contribute to the rich tapestry of Hawaiian lore and the understanding of environmental stewardship in Hawaiian culture.
Legend of the Philippines?
Once upon a time,there was a meeting between gods and goddesses.All of them was happy except for goddess Jai Ling. jai ling was so sad because she couldn't do anything. god then asked what jai ling wants. jai ling then replied that she wants to create a country. then god agreed with her. she then put the soils in a basket then she wents. after the long time gathering soils,jai ling didn't notice that the basket has already a hole. then after then a small island was formed. jai ling noticed it first and it was beautiful! she then named it philippines.
Why were prices pegged during World War 2?
that there were too many gods produced but there were not much costumers to buy the gods produced
What are the Egyptian gods gods of?
they can be gods of different things
What are the answer to who are the gods?
there are no gods
Are Egypt gods good or bad?
There are both bad gods and good gods when it comes to the Egyptian gods.
What are the fruits of the gods?
defiantly the abercroose berry. Made for gods, by gods.
What is Zeus of all gods?
he is the king of the gods -- NOT the father of all the gods
Why are their twelve Greek gods?
There is not really an answer to that but the twelve gods were born to be gods
What are the gods?
Mayan Gods were gods that the Mayan believed in they had many gods. For Example they had a corn god an sun god. They mayans also believed in paying the gods by sacraficing humans and animals so the gods favored them.
What are the gods that the Hindu people believe in?
Some believe in certain gods, some believe in other gods, some believe in no gods, some believe in all the gods.
Which gods are actual gods and which are demigods?
To be honest, there are too many gods, demi gods heroes and mortals to list them all.
What is the drink of the gods in the Odyssey?
Nector is the drink of the gods and Ambrosia is the food of the gods. ;]
How many gods were they?
There were 13 main gods (12 Olympian gods and Hades).
