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Copper is highly sought after on the world market and the New York Mercantile Exchange due to its essential role in various industries, particularly in electrical wiring, construction, and electronics. Its excellent conductivity, durability, and corrosion resistance make it a vital material for renewable energy technologies and infrastructure development. Additionally, copper's price is often seen as an economic indicator, reflecting global demand and industrial activity, which further amplifies its trading activity. As a result, fluctuations in copper prices can significantly impact investors and economies worldwide.

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Why did Rossevelt create the Securities Exchange Commition?

President Franklin D. Roosevelt established the Securities and Exchange Commission (SEC) in 1934 as part of the New Deal to restore public confidence in the financial markets following the Great Depression. The SEC aimed to regulate the securities industry, protect investors from fraudulent practices, and ensure fair and efficient markets. By enforcing securities laws and increasing transparency, the SEC sought to prevent the kind of market abuses that contributed to the economic collapse.


What was an effect of the booming stock market in 1920?

The booming stock market in the 1920s, often referred to as the "Roaring Twenties," led to increased consumer spending and a rise in investment as people sought to capitalize on rising stock prices. This economic optimism fueled innovation and expansion in various industries, contributing to a period of significant economic growth. However, the speculative nature of the market also sowed the seeds for instability, ultimately culminating in the stock market crash of 1929 and the Great Depression.


What are sought goods?

sought goods are product that customer and needs and know the content of it


What is risk return relationship?

The risk return relationship is a business concept referring to the risk involved in exchange for the amount of return gained on an investment. These two factors are directly proportional to each other, meaning the more return sought, the higher the risk that is undertaken.


Who move the soviet economy to a market economy?

The transition of the Soviet economy to a market economy was primarily facilitated by Mikhail Gorbachev, the General Secretary of the Communist Party, through his policies of Perestroika (restructuring) and Glasnost (openness) in the late 1980s. Gorbachev sought to introduce market-like reforms to revitalize the stagnant economy, allowing for some degree of private enterprise and decentralization. However, the process faced significant challenges and ultimately contributed to the dissolution of the Soviet Union in 1991, leading to a more rapid and chaotic transition to a market economy in the newly independent states.

Related Questions

What is the most valuable metal in the world?

In my opinion, copper is pretty sought after


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The blue mineral found in oxidized copper deposits is likely to be azurite. Azurite is a copper carbonate mineral that forms as a result of the weathering and oxidation of copper ore deposits. Its striking blue color makes it a sought-after mineral for collectors and artisans.


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Yes the do and yes the did! Persian rugs are the most sought after rugs in todays market.


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No, bronze is typically worth less than gold. Gold is a precious metal with higher market value and is more sought after for jewelry and investment purposes. Bronze is an alloy that is made by mixing copper with tin or other metals.


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Yes, bronze is typically worth less than gold. Bronze is an alloy made from copper and other metals, while gold is a precious metal valued for its rarity and beauty. Gold has a higher market value and is more sought after than bronze.


Why was sharecropping created?

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