global news
What does weak dollar mean?
A weak dollar refers to a downward price trend in the value of the U.S. dollar relative to other foreign currencies. Essentially, a weak dollar means that...
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Global News
global news
What changed about the river valley civilization?
Rivers were attractive locations for the first civilizations because they provided a steady supply of drinking water and made the land fertile for growing...
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Who joined the EU in 86?
Spain Spain and Portugal acceded to the European Communities, now the European Union, in 1986. This was the third enlargement of the Communities, followin...
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How does specialization increase economic interdependence?
How does Specialization lead to economic interdependence? When people specialize, the resulting divisions of labor increase productivity. By producing goo...
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What does it mean when GDP is zero?
Zero Growth A situation in which the GDP of an economy is neither increasing nor declining. While zero growth is not technically a recession, it may be ma...
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What factors have contributed to the economic success of the US economy?
Perhaps the biggest forces that drive the U.S. economy are supply and demand. It includes more than just products, such as labor and natural resources. Fo...
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What is the preface of consumer awareness?
It means that consumers note or are aware of products or services, its characteristics and the other marketing P’s (place to buy, price, and promotion). N...
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What kind of relationship is the law of demand?
In microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. Wh...
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How does the government benefit from schools?
A population that is better educated has less unemployment, reduced dependence on public assistance programs, and greater tax revenue. Education also play...
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What were some effects of the Persian Gulf War?
The blitzkrieg-style Persian Gulf War in 1991 liberated Kuwait from Iraqi occupation with fewer than 300 coalition combat deaths against the world’s fourt...
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