three years ago, the desouza paper company included its employees in a profit-sharing plan in which workers receive annual bonuses based on the company's profits. since this plan was initiated, worker productivity at desouza has nearly doubled. this productivity increase is best explained in terms of: operant conditioning.
What is profit-sharing plan?Employer discretionary contributions are accepted in profit-sharing plans. The legislation does not specify how much you must donate. If you can afford to contribute a certain amount to the plan for a specific year, you can. You don't have to contribute in other years. If your company is just starting out or has sporadic success, a 401(k) profit sharing plan may be a wise investment. They can also be a fantastic alternative for established organisations since you can raise the contributions provided to an employee's 401(k) account, giving low-income individuals a good retirement benefit.
To know more about profit-sharing plan refer to:
https://brainly.com/question/26764420
#SPJ1
what item has a direct effect on a person's disposable income?
Taxes. Disposable income, also known as disposable personal income (DPI), is the amount an individual or household must spend or save after income taxes have been deducted.
At the macro level, personal disposable income is closely monitored as one of the key economic indicators used to assess the overall health of the economy.
Disposable income is net income. Remaining amount after tax.
Discretionary income is the amount of net income left after all necessities are met. Economists monitor these numbers at the macro level to see how consumers save, spend and borrow.
Housing, food and debt are usually paid out of disposable income.
The government uses disposable income in determining how much to confiscate from your paycheck for unpaid taxes and child support.
To learn more about disposable income, here:
https://brainly.com/question/7988107
#SPJ4
what is a confounding variable
A confounding variable is a variable which is able to affect the other variables in a way which ends up producing distorted associations between the two variables.
A confounding variable is basically defined as an unmeasured third variable which happens to influence or confounds the relationship which exists between an independent variable as well as a dependent variable and it does so by suggesting the presence of some spurious correlation. We can say it basically interferes with the variables.
Because of the presence of the confounding variables in research, we should not assume that a correlation which exists between two variables happens to imply a causation.
To know more about confounding variable
https://brainly.com/question/24321245
#SPJ4
which bonds are used to guarantee the principal’s activities in the collection and
Fidelity bonds are a type of insurance that protects a business or organization from losses due to fraudulent or dishonest activities committed by its employees. They are also known as employee dishonesty bonds.
Fidelity bonds typically cover losses that occur as a result of theft, embezzlement, forgery, or other fraudulent activities committed by an employee. They can be used to protect the assets of a company, including cash, securities, and other valuable property. Fidelity bonds are often required by law for certain types of businesses, such as banks and insurance companies.
In summary, fidelity bonds are used to guarantee the principal's activities in the collection and protection of assets from employee dishonesty or fraudulent activities.
Complete question:
Which bond is used to guarantee the principal's activities in the collection?
To learn more about fidelity bonds
https://brainly.com/question/13661265
#SPJ4
How might a small business owner use technology to improve business? Your response should be at least 150 words.
got impatient, so i did it myself, no need to answer
Technology can be used by small business owners to increase productivity, streamline procedures, and improve business operations.
Here are some examples of how technology can help a small business:
Online presence: Small businesses can reach a wider audience and build brand awareness by having a website and active social media accounts.
E-commerce: Small businesses can sell goods and services online using e-commerce platforms, which can help them grow their clientele and boost sales.
Cloud computing: By enabling small businesses to store and access data from any location, cloud-based services can boost productivity and teamwork.
CRM software: CRM software can assist small businesses in managing customer interactions, tracking sales, and enhancing customer satisfaction.
Accounting software: Accounting software can be used to manage finances, keep track of expenses, and produce financial reports for small businesses.
Software for inventory management: Small businesses can benefit from an inventory management software.
Learn more about Small businesses at:
https://brainly.com/question/7020331
#SPJ4
what is the present value of $12,400 to be received 3 years from today if the discount rate is 5 percent?
The present value of $12,400 to be received 3 years from today if the discount rate is 5 percent is $10711.59.
Calculation of present value:
Present value = Future value / (1+r)^n
Here, Future value = $12400
r= Discount rate =5% = 0.05
n= Number of years =3
Hence Present value = 12400 / (1+0.05) ^3
= 12400 / 1.157625
= 10711.59
Hence Present value is $ 10711.59.
In finance, a discount is a reduction in the price or value of an asset, liability, or cash flow. It may be expressed as a percentage or dollar amount subtracted from the original price. Discounts are commonly used in a variety of financial contexts, including:
Bond prices: Discounted bond prices reflect the present value of the future cash flows from the bond.
Stock prices: Discounted stock prices may result from a lack of investor confidence or negative news about the company.
Cash flows: Future cash flows, such as dividends or lease payments, may be discounted to their present value in order to determine their current worth.
Retail sales: Retailers may offer discounts to customers to promote sales and move inventory. Discounts can have both positive and negative effects, depending on the context. In some cases, discounts can lead to increased sales and revenue, while in other cases they may signal a lack of demand or confidence in an asset or company.
To learn more about Discount visit here:
brainly.com/question/28720582
#SPJ4
what is the purpose of performance indicator identification?
The purpose of performance indicator identification is to define the specific metrics that will be used to measure the performance of an organization, team, or individual.
Performance indicators are often referred to as key performance indicators (KPIs) and are used to track progress towards achieving specific goals and objectives.
By identifying performance indicators, organizations can establish clear benchmarks for success, monitor progress, and identify areas that require improvement. Performance indicators can be used to track a wide range of activities, such as sales, customer satisfaction, employee productivity, and operational efficiency.
The process of performance indicator identification involves selecting the most relevant and meaningful metrics, based on the organization's goals and priorities.
To know more about the performance indicator, here
brainly.com/question/28283165
#SPJ4
When a government imposes penalties on both sellers and buyers of an illegal good, the price of the good ________ and the quantity ________. A.rises; might increase, decrease, or not change
B.falls; might increase, decrease, or not change
C.might rise, fall, or not change; decreases
D.falls; decreases
When a government imposes penalties on both sellers and buyers of an illegal good, the price of the good rises, and the quantity decrease.
Impact of fines levied by the government:
The cost of producing and consuming the illegal product rises as a result of the penalties. Vendors will be penalised for selling the item, raising their expenses and decreasing the profitability of selling the item at the same price. Customers will be penalised for buying the product, which will lower their willingness to pay for it and lower the quantity requested.
These fines will ultimately cause the demand and supply curves to shift to the left, raising prices and reducing the amount of the illegal product that is sold. Sellers will be required to pay a fine for distributing the product, which The elasticity of supply and demand for the illegal product will, however, determine exactly how much the price and quantity will change. As a result, the right response is (a) rises; may decline, increase, or not change.
Learn more about government :
https://brainly.com/question/16940043
#SPJ4
What pope launched a fundraising drive to rebuild st peters basilica? What did his agents sell to raise money?
The pope who launched the fundraising was Pope Leo X, who was the head of the Catholic Church from 1513 to 1521. Pope Leo X's agents sold indulgences to raise money for the rebuilding of St. Peter's Basilica.
Pope Leo X undertook a massive renovation project of St. Peter's Basilica in Rome, which was badly in need of repairs and expansion. To finance this ambitious project, he launched a fundraising drive that involved selling indulgences to raise money.
Indulgences were essentially certificates that granted a person absolution from sin, either for themselves or for someone else who was already dead and in purgatory. The idea was that by purchasing an indulgence, the buyer could reduce their time in purgatory and receive forgiveness for their sins.
Pope Leo X's agents sold these indulgences across Europe, often using persuasive rhetoric and marketing techniques to encourage people to donate to the renovation project.
This fundraising effort, however, sparked controversy and led to a backlash from many religious reformers who saw it as a corruption of the church's teachings and practices. The sale of indulgences ultimately became a significant point of contention during the Protestant Reformation.
To learn more about fundraising click on,
https://brainly.com/question/5602779
#SPJ4
what is a primary metric for social media companies?
Engagement, impressions and reach, voice and share of voice, referrals and conversions, response rate and time are the most prevalent and frequently significant metrics to consider. You will have a 360-degree view of your social media marketing performance when these are combined.
One of the most important metrics most businesses track is conversion rates because they show you how much money your social media marketing is making. Your page's conversion rate is calculated by dividing the total number of visitors by the number of people who complete an action on your page. The most crucial social metric of all is engagement.
To learn more about metrics, click here.
https://brainly.com/question/28275721
#SPJ4
place the levels of management in order from highest to lowest.
It is correct to rank management levels from highest to lowest as follows: administrative, managerial, or top level; executive, or middle level; and supervisory, or lower level.
What are the four levels of management?First-line managers, middle managers, top managers, and team leaders are the four most prevalent categories of managers. These positions vary not only in terms of the tasks they perform on a daily basis but also in terms of their overall role within the company and the types of workers they supervise.
What role in management has the lowest status?Lower-level managers are those that supervise, plan, and assign work to individual departmental employees directly. These are the organization's first-line managers, or entry-level managers, as well.
To know more about Levels of Management visit:
https://brainly.com/question/26529592
#SPJ1
describe why corporations became popular
Corporations became popular because they offered several advantages over other business structures, including limited liability, flexibility, and access to capital.
They also benefited from government policies and laws that encouraged their formation and growth. Today, corporations are a dominant form of business organization, and they play a significant role in the global economy.
In addition, corporations offered several advantages over other business structures, such as sole proprietorships and partnerships. One of the key advantages was limited liability, which meant that the personal assets of shareholders were protected in the event of business failure or legal action. This gave investors more confidence to invest in businesses and reduced the risks associated with business ownership.
Corporations also allowed for greater flexibility in terms of ownership, management, and operations. They made it easier to transfer ownership, raise capital through the sale of stocks or bonds, and hire professional managers to run the business. This helped to professionalize business operations and improve efficiency and profitability.
Another factor that contributed to the popularity of corporations was government policies and laws that favored their formation and growth. For example, governments provided tax breaks and subsidies to corporations, and allowed them to operate across state and national borders, which facilitated their expansion and growth.
For more questions on Corporations
https://brainly.com/question/23452844
#SPJ4
when a person has a comparative advantage in producing a good or service, the person has
When a person has a comparative advantage in producing a good or service, the person has the ability to produce that good or service at a lower opportunity cost than others. Here option C is the correct answer.
Here are four multiple-choice options that relate to this statement:
The ability to produce more units of the good or service than others: While a person with a comparative advantage may be able to produce more of a good or service, this is not the defining characteristic of comparative advantage. The key aspect is the ability to produce at a lower opportunity cost.
The ability to produce the good or service at a lower price than others: Again, while a person with a comparative advantage may be able to produce the good or service at a lower price, this is not the defining characteristic. The key is the ability to produce at a lower opportunity cost.
The ability to produce the good or service with fewer resources than others: This is a potential outcome of having a comparative advantage, as the person may be able to produce the good or service with fewer resources due to their efficiency or expertise.
Complete question:
When a person has a comparative advantage in producing a good or service, the person has
A - The ability to produce a good or service at a lower cost than others.
B - The ability to produce a good or service at a faster rate than others.
C - The ability to produce a good or service with better quality than others.
D - The ability to produce a good or service with more resources than others.
To learn more about comparative advantage
https://brainly.com/question/14668211
#SPJ4
paul krugman characterizes strategic trade policy as being:_____.
Paul Krugman characterizes strategic trade policy as being a boost to national income at the expense of other countries.
According to Paul Krugman, strategic trade policy boosts national income at the expense of other nations. A government's deliberate attempts to influence international trade in order to advance home industries and raise national income are referred to as elaborate strategic trade policy.
This policy is justified by the idea that by supporting specific industries, a nation can gain a competitive edge in the international market, which can then result in higher exports and national income.
In a scenario involving a strategic trade policy, a government may offer subsidies or other forms of assistance to its domestic businesses in a sector where it possesses market dominance in an effort to aid those businesses in gaining a larger share of the global market.
Learn more about Paul Krugman at:
https://brainly.com/question/24183289
#SPJ4
_____ are products or services that add additional value to the primary product or service that makes up a network.
a. Quantum efforts
b. Substitute components
c. Complementary benefits
d. Orthogonal gains
e. Standby additions
Quantum efforts are the products or services that add additional value to primary product or the service that makes up a network.
What is a network?A network refers to a collection of interconnected devices, such as computers, printers, and servers, that are linked together to enable communication and resource sharing. Networks can be classified based on their geographic scope, such as local area network (LAN), wide area network (WAN), and metropolitan area network (MAN). They can also be classified based on their topology, which refers to the physical or logical arrangement of network devices and how they are connected to one another. Networks can be wired or wireless, and they can be configured to enable different types of communications, including voice, data, and multimedia. The use of networks has become increasingly essential in modern business and society, facilitating collaboration, information sharing, and remote access.
To learn more about network, visit:
https://brainly.com/question/30155190
#SPJ1
An investment by the stockholders in a business increases:
a) assets only.
b) liabilities and stockholders' equity.
c) assets and liabilities.
d) assets and stockholders' equity.
The assets and stockholders' equity of a company are increased by a stockholder investment.
A significant amount on the balance sheet is the stockholder equity, which shows the difference between a company's assets and liabilities. Stockholder equity will frequently increase when a company matures, but it's critical to comprehend the precise factors that influence this growth.
The most promising indicator of a successful business, from the viewpoint of an investor, is when it turns a profit. Yet, not all prosperous businesses see an increase in stockholder equity. The use of a company's profits will decide whether or not stockholder equity increases.
To learn more about stockholder equity, please refer:
https://brainly.com/question/28446289
#SPJ4
what is the best measure of adjustment to long-run economic growth?
The best measure of adjustment to long-run economic growth is "real gross domestic or GDP product or service".
The GDP is term in the economics or gross domestic product is the monetary method to measure of the market value or all the final products or services which is sold in the specific time period in the country.
The long-run adjustment is the process which an economy return to the full employment outcome without the government intervention. The long-run economic growth is defined as the economy's ability which create more product or services with the given interval of time.
To know more about GDP here,
https://brainly.com/question/30737857
#SPJ4
what is the value of the tax multiplier if the mpc is 0.80
The tax multiplier is a measure of how changes in taxes affect aggregate demand and ultimately, economic output. Tax multiplier = 0.80 ÷ (1 - 0.80) = 4
It represents the change in GDP that results from a $1 change in taxes. The formula for calculating the tax multiplier is:
Tax multiplier = MPC ÷ (1 - MPC)
where MPC represents the marginal propensity to consume, which is the fraction of each additional dollar of income that households spend on consumption.
In this case, the MPC is 0.80, which means that for every additional dollar of income, households spend 80 cents and save 20 cents. Using the formula above, we can calculate the tax multiplier as:
Tax multiplier = 0.80 ÷ (1 - 0.80) = 4
Therefore, a $1 decrease in taxes would increase aggregate demand by $4, and a $1 increase in taxes would decrease aggregate demand by $4. This is because when taxes are decreased, households have more disposable income, which they spend on consumption, leading to a multiplier effect on economic output. Similarly, when taxes are increased, households have less disposable income, which they save instead of spending, leading to a reduction in economic output. The tax multiplier can be used by policymakers to estimate the impact of changes in taxes on the overall economy and adjust their policies accordingly.
For more such questions on taxes
https://brainly.com/question/26190343
#SPJ4
due to the lack of oil and natural gas, israel must develop other industries to compete globally. because of this, israel has quickly become recognized globally as a mini-silicon valley for hosting numerous companies involved in the __________ industry.
Because of this, Israel has quickly become recognized globally as a mini-silicon valley for hosting numerous companies involved in the Advanced technology industry.
One of the global hubs for cutting-edge technology is the Israeli region known as "Silicon Valley." It spans across the coastal plain, which is claimed to be one of the reasons Israel has come to be recognised as the "start-up nation" in the globe (see Science and Technology in Israel).
Israel has long been referred to as the "Startup Country" since it has the most tech businesses per capita launched. The three most significant economic sectors are manufacturing, diamond cutting and polishing, and technology.
As they acquired software, leadership, and communication skills in the military, the majority of Israel's workforce is naturally entrepreneurial and highly technological. According to projections, Israel's Economy would reach 611.8 billion US dollars by 2022 from the 501.4 billion US dollars it had in 2022.
To know more about Israel:
https://brainly.com/question/27003629
#SPJ4
According to the resource-based view of a firm, what are defined as any asset, capability, or competency that a firm can draw upon when formulating and implementing strategy?
Resources are any asset, capability, or competency that a firm can use to develop and implement strategy, according to the resource-based perspective of a firm.
What are implementing strategies?Physical resources like manufacturing facilities and equipment, financial resources like cash on hand and credit lines, human resources like skilled labour and managerial skills, and intangible resources like intellectual property, brand reputation, and organisational culture can all be considered among these resources. The resource-based perspective highlights the significance of these resources in establishing a firm's persistent competitive advantage since they enable the establishment of distinctive talents and competencies that are challenging for rivals to imitate. A company may add value for customers, make money, and succeed in its industry over the long run by using its resources.
Learn more about Business strategy here:
brainly.com/question/15285486
#SPJ1
What are the financial ratios that measure a firm's ability to pay its short term debts called?
While Financial ratios are focused on a longer term capability to pay off ongoing debts, liquidity ratios assess a company's capacity to meet quick obligations and cash flows.
Short term financial ratios what are they?The symbiotic relationship between current assets and current assets is gauged by short term liquidity ratios. Current liabilities are obligations that need to be paid within the next 12 months, such as trade creditors, bank overdrafts, PAYE, VAT, and any other sums.
What are ratios for short term solvency and liquidity?The company's capacity to pay off its short term debt commitments is the main focus of the liquidity ratio. The ability of the business to pay off its long-term financial obligations is the subject of the solvency ratio. The ability of the corporation to convert its assets will be evaluated by stakeholders using the liquidity ratio without much difficulty, into cash.
To know more about Financial ratio visit:
https://brainly.com/question/30785230
#SPJ4
the production possibilities model holds _______________ and _____________ constant. a. resources; technology b. land; labor c. labor; capital d. growth; human capital
The production possibilities model is a tool used in economics to demonstrate the maximum production possibilities for two goods or services. It holds resources and technology constant. Here option D is the correct answer.
The model assumes that a given amount of resources is available to produce a combination of goods. The production of one good comes at the cost of the production of the other good. This is known as the opportunity cost, which refers to the value of the next best alternative foregone.
By holding resources constant, the model assumes that there is no increase or decrease in the available factors of production such as labor, capital, or land. This means that the economy is operating at a fixed level of resources.
By holding technology constant, the model assumes that the production techniques or methods used to produce the two goods do not change. This allows the model to focus solely on the trade-offs between the two goods and how to optimize production.
To learn more about the production possibilities model
https://brainly.com/question/30140805
#SPJ4
which of these was a lasting effect of the freedmen’s bureau? *
One lasting effect of the Freedmen's Bureau was its establishment of schools for newly freed slaves.
The Freedmen's Bureau was a federal agency established by Congress during the Reconstruction era following the Civil War. Its primary mission was to help former slaves and poor whites in the South transition to freedom and citizenship, by providing them with education, healthcare, and assistance in finding employment and housing.
The Bureau established schools for African Americans of all ages, from young children to adults, as part of its efforts to promote education and literacy. The schools provided basic education in reading, writing, and arithmetic, as well as vocational training in trades such as carpentry, blacksmithing, and shoemaking.
This focus on education had a lasting impact on the African American community, as it helped to provide them with the skills and knowledge necessary to pursue greater opportunities and advance their social and economic status. Many African Americans who attended schools established by the Freedmen's Bureau went on to become teachers, preachers, and community leaders, and some even became elected officials.
While the Freedmen's Bureau was ultimately dissolved in 1872, its legacy of promoting education and empowerment for African Americans continued to influence the civil rights movement and efforts toward racial equality in the United States.
For more such questions on Freedmen's Bureau: brainly.com/question/30322981
#SPJ4
Answer:
D
Explanation:
when prior sales information is available, indirect forecasting is the best method to predict future sales.
True or False
When prior sales information is available, direct forecasting is generally considered the best method to predict future sales.
Therefore the answer is False.
Direct forecasting involves using historical data, such as sales figures or customer demand, to predict future sales. This approach is based on the assumption that past patterns or trends will continue into the future. Indirect forecasting, on the other hand, involves using external factors, such as economic indicators or industry trends, to predict future sales.
While indirect forecasting can be useful in situations where there is limited or no historical data available, it is generally considered less reliable than direct forecasting when historical data is available. Therefore, when prior sales information is available, direct forecasting is typically the preferred method to predict future sales.
To know more on forecasting
https://brainly.com/question/30167588
#SPJ4
7) explain why economists prefer efficient solutions to environmental problems.
Economists think that people operate in a rational manner, attempting to maximize their utility. Individuals acting in groups in accordance with these presumptions achieve economic efficiency and the highest feasible level of overall society benefit.
Why do economists choose them over laws as a means of keeping the environment pollution-free?Corrective taxes are preferred by economists over regulations as a means of preventing pollution in the environment because they can do it at a reduced cost to society. It is possible to impose a charge to reduce pollution to the same extent as a regulation.
How may economics be used to address environmental issues?Real earnings are increasing, allowing people to spend more money on environmental protection and mitigating the negative consequences of pollution. A higher output with less pollution can also be achieved thanks to economic growth brought on by increased technology.
To Know more about rational manner,
https://brainly.com/question/30114121
#SPJ1
at the end of 2019, companies from one country collectively owned $18 billion in assets in the neighboring country. the $18 billion represents the __________ of fdi. A. stock B. flow C. outflow D. trend. E. exchange.
At the end of 2019, companies from one country collectively owned $18 billion in assets in the neighboring country. the $18 billion represents the Stock of FDI. Thus the correct option is A.
What is an asset?An asset is regarded as a resource of the company that will have economic value in the future and facilitates the smooth operation of commercial operations. Both fixed and current assets are included in it.
A stock is a form of ownership of particular goods. An individual has rights as a stockholder or shareholder and is responsible for paying dividends when they own stocks or shares in the market.
Therefore, option A is appropriate.
Learn more about assets, here:
https://brainly.com/question/13848560
#SPJ1
Hi I am doing a product based on green mountain soda but I cannot find the memo please someone help me and give me context and information and everything about green mountain soda.
Answer:
Green Mountain Soda was a brand of soda that was produced by the Green Mountain Beverage Company. The company was founded in 1995 and was based in Vermont. Green Mountain Soda was known for its unique flavors, including black cherry, root beer, cream soda, and orange cream.
The company used natural ingredients and sweeteners in its products, and its soda was popular among health-conscious consumers who preferred beverages with fewer artificial ingredients. In addition to its soda line, Green Mountain Beverage Company also produced a line of teas and lemonades.
However, it appears that Green Mountain Soda is no longer in production. It is possible that the company went out of business or was acquired by another company. If you are looking to create a product based on Green Mountain Soda, you may want to consider creating a new brand with similar flavors and characteristics.
Explanation:
The essence of a contract is that it is a legally enforceable promise or set of promises.True or False
True. A contract is an agreement between two or more parties that creates legally binding obligations. In other words, a contract is a legally enforceable promise or set of promises.
There are several elements that must be present for a contract to be enforceable. These include: Offer: An offer is a proposal to enter into a contract, made by one party to another. It must be specific and definite. Acceptance: Acceptance is the agreement by the other party to the terms of the offer. It must be unqualified and unequivocal.
Consideration: Consideration is something of value that is exchanged between the parties, such as money, goods, or services. Intention to create legal relations: The parties to the contract must intend to create a legally binding agreement. Consent: The parties must enter into the contract freely and voluntarily, without coercion or fraud.
In conclusion, a contract is a legally binding agreement that is enforceable in a court of law. It involves an offer, acceptance, consideration, intention to create legal relations, capacity to contract, and consent.
Learn more about agreement here:
https://brainly.com/question/24572146
#SPJ4
On december 1, the company paid $12,000 for 12 months of insurance coverage beginning on that date. the payment was recorded with a debit in that amount to the insurance expense account. Complete the necessary December 31 adjusting entry.
Answer:
The necessary December 31 adjusting entry would be a credit to the insurance expense account for $1,000 and a debit to the prepaid insurance asset account for $1,000. This entry reflects the insurance coverage that has been paid for, but will not be used until the following month.
TRUE/FALSE. wholesaling is the final part of the marketing process in which exchanges are entered into for personal, family, or household purposes
False, the last stage of the marketing process is retailing, which involves transactions for domestic, familial, or personal use.
Retailers typically sell goods to customers in small quantities for their own use—not for resale or commercial purposes. The last stage of the distribution channel is retail. The retailer will purchase the products in bulk at a discounted rate from the wholesaler or occasionally from the producer.
A crucial component of the marketing mix is retail. It is the last phase before products are sold to customers. At the point of sale, retailers give customers a simple way to buy products.
Retailing involves promoting goods and services to consumers through a variety of distribution channels in an effort to increase sales. Both direct and indirect marketing techniques are used, including partnerships, public relations, advertising, and online marketing.
Read more about Retailing at:
https://brainly.com/question/17613245
#SPJ4
chapter 10: the global economy page(s) 274-275 10.2. what are the roots of today’s global economy? place the events of early european and asian trade in chronological order.
Industrialized former colonial powers, such as the United States, control the global economic system.
These states import cheap labor and raw materials from periphery nations, send them to the industrialized core, and then send them back to the periphery's markets. The interrelated international economic transactions that take place between many nations are referred to as the "global economy." These economic operations may benefit or harm the participating nations. Economic globalization is the term used to describe the rising interconnectedness of world economies as a result of the expanding size of cross-border trade in goods and services, the flow of capital across borders, and the wide-spread and quick adoption of technology.
Learn more about global economic here:
https://brainly.com/question/29431752
#SPJ4