- MNCs provide money and latest technology for production. MNCs buy up local companies to expand production. MNCs with huge wealth can quite easily do so. Some MNCs start as an independent entity right from the beginning. While some of the MNCs...Link: https://testvalid.com/NSE7_ADA-5.2-exam-collection.html
- MNCs in developed countries place orders for production with small producers of developing countries for various products such as garments, footwear. These products are supplied to the MNCs which sell them under their own brand names to the...Link: https://canada.registerblast.com/kpucloverdale/Exam/List
- Some local companies in countries like India have been able to invest in newer technology and production methods. They are successful in raising their production standards. Globalisation has enabled some large companies such as Tata Motors, Infosys to emerge as multi-national companies. Similar is the case in services like data entry, accounting, administrative tasks and engineering. Sometimes to produce more electricity dams are constructed and their land is submerged and the people are left without any job. Flexibility in labour laws: Flexibility in labour laws is allowed by the government to attract foreign investment. This has resulted in worsening the condition of workers because they are appointed on a temporary basis to avoid payment of provident fund and other facilities.Link: http://ms.uky.edu/~perry/676-s19/_assets/final-answers.pdf
- No overtime is paid for extra hours of work. The workers are paid low wages. Effect on small producers: Globalisation has hit the small producers because they are unable to compete with MNCs or the big producers or manufacturers. Several units have been shut down rendering many workers jobless. In India, small industries which employ about 20 million workers have been hit adversely. From above description, it is clear that the impact of globalisation has not been uniform. It has positive as well as a negative impact. Question 7: How has liberalisation of trade and investment policies helped the globalisation process?Link: https://caclubindia.com/articles/cs-executive-exam-preparation-tips-for-gcl-group-i--6123.asp
- Answer: Liberalisation of trade and investment policies has helped the globalisation process by making foreign trade and investment easier. Earlier, several developing countries had placed barriers and restrictions on imports and investments from abroad to protect domestic production. However, to improve the quality of domestic goods, these countries have removed the barriers. Thus, liberalisation has led to a further spread of globalisation because now businesses are allowed to make their own decisions on imports and exports. This has led to a deeper integration of national economies into one conglomerate whole. Question 8: How does foreign trade lead to the integration of markets across countries? Explain with an example other than those given here.Link: https://study.com/academy/answer/which-of-the-following-elements-can-be-detected-by-xps-a-hydrogen-and-lithium-b-boron-and-helium-c-lithium-and-boron.html
- Answer: Foreign trade leads to the integration of markets across countries because it creates an opportunity for the producers to reach beyond the domestic markets i. Producers can sell their products in the markets of their own country as well as in other countries all over the world. They can also compete in markets located in other countries of the world. The buyers too have a choice between the goods produced in different parts of the world. It enables the consumer to buy according to his requirement.Link: https://payhip.com/b/ymh8
- The competition among the producers bring them closer to each other. Sometimes the producers of other countries set up joint ventures as AIG have set up joint venture in insurance sector and are selling their products in India. Thus in general, with the opening of trade, goods travel from one market to another. Prices of similar goods in two markets tend to become equal. And producers in the two countries now closely compete against each other even though they are separated by thousands of miles. Foreign trade, thus, results in connecting the markets or integration of markets in different countries. Question 9: Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer. Answer: Globalisation will continue in the future. Twenty years from now, the world will be more globally connected and integrated into one international economy, if this process continues on a fair and equitable basis.Link: https://liveworksheets.com/qd1024870ee
- Trade and capital flows will increase alongside the mobility of labour. This will occur because liberalisation will get augmented and MNCs will converge with other companies producing the same goods. The other is telling, globalisation is helping India develop. How would you respond to these organisations? Answer: Both the arguments have some truth as mentioned below : Globalisation has helped India develop as mentioned below : Many MNCs are making an investment in India in different sectors like insurance banking and food processing. These investments have benefited people in a, number of ways which has resulted in the development of the country.Link: https://osha.gov/laws-regs/standardinterpretations/2001-05-03-0
- Now people have choices. They can buy anything of their choice costly or cheap. People are getting jobs with a handsome salary. The living standard of people has increased. Many projects are going on with the help of foreign investment. Different states are making efforts to attract foreign companies to make an investment in their states and are successful in their mission. Batteries, capacitors, plastics toys, tires, dairy products and vegetable oil industries have been hit badly due to competition. Many small units have been shut down rendering many workers jobless. As the small industries in India employ the largest number of workers 20 million in the country, next only to agriculture, it has hurt the development. Thus, both arguments have some truth in them. Question Fill in the blanks.Link: https://freshersexams.com/indian-coast-guard-navik-previous-papers/
- Indian buyers have a greater choice of goods than they did two decades back. Markets in India are selling goods produced in many other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. Answer: Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of globalisation. This means there is increasing trade with other countries.Link: https://cruxnow.com/church-in-europe/2020/11/book-offers-details-about-alleged-manipulation-by-schonstatt-founder/
- MNCs are investing in India because of cheaper production costs. While consumers have more choices in the market, the effect of rising demand and purchasing power has meant greater competition among the producers. Question Choose the most appropriate option.Link: http://dev.tgsconnect.com/cgi-bin/content/view.php?data=pltw_ied_semester_final_answer_keys&filetype=pdf&id=e1902d3ec27438390b780c44ca2a4546
- Describe the demographics of poverty in the United States. Describe the forms of welfare programs in the United States and the reform of welfare in the mids. Discuss the factors that have been looked at to explain the persistence of poverty in the United States. Poverty in the United States is something of a paradox. Per capita incomes in this country are among the highest on earth. Yet, the United States has a greater percentage of its population below the official poverty line than in the other industrialized nations. How can a nation that is so rich have so many people who are poor? There is no single answer to the question of why so many people are poor. But we shall see that there are economic factors at work that help to explain poverty. First, however, we shall examine the definition of poverty and look at some characteristics of the poor in the United States. Defining Poverty Suppose you were asked to determine whether a particular family was poor or not poor.Link: http://inspire.eaa.org/eaas-green-dot-podcast/
- How would you do it? If it were not, you might conclude that the family was poor. If the family was on the low end of the income scale, you might classify it as poor. These two approaches represent two bases on which poverty is defined. The first is an absolute income test , which sets a specific income level and defines a person as poor if his or her income falls below that level. The second is a relative income test , in which people whose incomes fall at the bottom of the income distribution are considered poor. For example, we could rank households according to income as we did in the previous section on income inequality and define the lowest one-fifth of households as poor.Link: https://answers.yahoo.com/question/index?qid=20100429143636AAwUgGP
- In , any U. In contrast, to determine who is poor according to the absolute income test, we define a specific level of income, independent of how many households fall above or below it. Figure Proctor, and Jessica Smith, U. Government Printing Office, Washington, D. The concept of a poverty line grew out of a Department of Agriculture study in that found families spending one-third of their incomes on food. With the one-third figure as a guide, the Department then selected four food plans that met the minimum daily nutritional requirements established by the federal government. The cost of the least expensive plan for each household size was multiplied by three to determine the income below which a household would be considered poor.Link: https://priyankakushwaha.co/dungeon-speed-diagnostic/chapter-5-geometry-test-answers.html
- The government used this method to count the number of poor people from to The poverty line was adjusted each year as food prices changed. Beginning in , the poverty line was adjusted annually by the average percentage price change for all consumer goods, not just changes in the price of food. There is little to be said for this methodology for defining poverty. No attempt is made to establish an income at which a household could purchase basic necessities. Indeed, no attempt is made in the definition to establish what such necessities might be. The day has long passed when the average household devoted one-third of its income to food purchases; today such purchases account for less than one-fifth of household income.Link: https://coursehero.com/file/45895571/Business-Plan-For-A-Chiropractic-Family-Wellness-Practice-Fill-In-The-Blank-Business-Plan-For-A-Fami/
- Still, it is useful to have some threshold that is consistent from one year to the next so that progress—or the lack thereof—in the fight against poverty can be assessed. The percentage of the population that falls below the poverty line is called the poverty rate. The poverty rate has generally fallen since Still, the poverty rate in the United States is greater than that of any other industrialized nation. But relative measures do make an important point: Poverty is in large measure a relative concept. By international and historical standards, the average poor person in the United States is rich! We often think of poverty as meaning that poor people are unable to purchase adequate food. In short, poor people in the United States enjoy a standard of living that would be considered quite comfortable in many parts of the developed world—and lavish in the less developed world Ibid.Link: http://cdee.virgiliogroup.it/unblock-pakdata-ga.html
- But people judge their incomes relative to incomes of people around them, not relative to people everywhere on the planet or to people in years past. You may feel poor when you compare yourself to some of your classmates who may have fancier cars or better clothes. While the material possessions of poor Americans are vast by Ethiopian standards, they are low in comparison to how the average American lives. What we think of as poverty clearly depends more on what people around us are earning than on some absolute measure of income. Both the absolute and relative income approaches are used in discussions of the poverty problem.Link: https://rtd-denver.com/business-center/construction-engineering/railroad-safety
- When we speak of the number of poor people, we are typically using an absolute income test of poverty. When we speak of the problems of those at the bottom of the income distribution, we are speaking in terms of a relative income test. That is an example of a relative measure of poverty. In the rest of this section, we focus on the absolute income test of poverty used in the United States.Link: https://brainly.in/question/7125357
- The Demographics of Poverty There is no iron law of poverty that dictates that a household with certain characteristics will be poor. Nonetheless, poverty is much more highly concentrated among some groups than among others. The six characteristics of families that are important for describing who in the United States constitute the poor are whether or not the family is headed by a female, age, the level of education, whether or not the head of the family is working, the race of the household, and geography. What does it tell us? A family headed by a female is more than five times as likely to live in poverty as compared to a family with a husband present. This fact contributes to child poverty. The less education the adults in the family have, the more likely the family is to be poor. A college education is an almost sure ticket out of poverty; the poverty rate for college graduates is just 3.Link: https://infoq.com/presentations/webassembly-details/
- The poverty rate is higher among those who do not work than among those who do. The poverty rate for people who did not work was almost six times the poverty rate of those who worked full time. The prevalence of poverty varies by race and ethnicity. Specifically, the poverty rate in for whites non-Hispanic origin was less than half that for Hispanics or of blacks. The poverty rate in central cities is higher than in other areas of residence. The incidence of poverty soars when several of these demographic factors associated with poverty are combined.Link: https://ashamedh.web.app/ecz-exam-past-p-0snpm.html
- The data are for The parent is not employed and has no support from other relatives. What does the government provide for the family? TANF is funded by the federal government but administered through the states. In addition to this assistance, the family is likely to qualify for food stamps, which are vouchers that can be exchanged for food at the grocery store. The family may also receive rent vouchers, which can be used as payment for private housing.Link: https://youtube.com/watch?v=EMpM_5Jzx8g
- The family may qualify for Medicaid, a program that pays for physician and hospital care as well as for prescription drugs. A host of other programs provide help ranging from counseling in nutrition to job placement services. The parent may qualify for federal assistance in attending college. The children may participate in the Head Start program, a program of preschool education designed primarily for low-income children. If the poverty rate in the area is unusually high, local public schools the children attend may receive extra federal aid. Welfare programs are the array of programs that government provides to alleviate poverty. In addition to public sector support, a wide range of help is available from private sector charities.Link: https://apps.hr.lacounty.gov/olt
- These may provide scholarships for education, employment assistance, and other aid. Source: U. Not all people whose incomes fall below the poverty line received aid. In , a substantial majority of those counted as poor received some form of aid. But as shown by Figure Only about one-sixth of the people living in poverty received some form of housing aid.Link: https://abbreviations.com/term/332165
- Noncash assistance is the most important form of aid to the poor. The large share of noncash relative to cash assistance raises two issues. First, since the poor would be better off that is, reach a higher level of satisfaction with cash rather than noncash assistance, why is noncash aid such a large percentage of total aid to the poor? Second, the importance of noncash assistance raises an important issue concerning the methodology by which the poverty rate is measured in the United States. We examine these issues in turn. Why Noncash Aid? Neither gift is taxable. Which would you take? Given a choice between cash and an equivalent value in merchandise, you would probably take the cash. The same is true of funds that you can spend on anything versus funds whose spending is restricted.Link: https://se.mathworks.com/matlabcentral/answers/368073-load-specific-column-from-mat-file
Tuesday 25 May 2021
Economics Chapter 4 Test Form A Answers
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