environment
How is Ghana a developing country?
Ghana is considered to be a less economically developed country mainly because of the fact that it is not very rich. Ghana’s GDP per capita is 6622.50 GHS...
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health
How has the radio impacted the world?
From there, radio evolved into a steadfast means of communication for pilots, ship captains, truck drivers, law enforcement, emergency services and many m...
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business
Is tax always shared between buyers and sellers?
But how the tax incidence, or tax burden, is shared between buyer and seller depends on the elasticity of both demand and supply. The buyer bears a greate...
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technology updates
What roles did African slaves play in the American economy?
Recruited as an inexpensive source of labor, enslaved Africans in the United States also became important economic and political capital in the American p...
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business
What countries are not part of the OPEC?
The 13 non-OPEC countries taking part in the agreement are: Russia, Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Ru...
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public affairs
Why were the crops so important to the economy of the South?
Crops such as cotton, tobacco, rice, sugar cane and indigo were grown in great quantities. Cotton exports made up two thirds of the total value of America...
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health
What was an economic consequence of the Open Door Policy?
Open Door Policy opened China’s door again to globalization, modernized Chinese economy, and encouraged foreign trade & foreign business investment. H...
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arts
What causes a normal good to increase?
A normal good is a good that experiences an increase in its demand due to a rise in consumers’ income. In other words, if there’s an increase in wages, de...
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science
What is a quota system example?
In production quotas, a government or a group of producers, limit the supply of a particular product in order to maintain a certain price level. For examp...
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arts
Is interest on debentures a factor income?
(v) Yes. interest received is a factor income because debenture is a sort of loan taken by a production unit. Which is not included in estimation of natio...
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