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atroni [7]
2 years ago
14

Why does howe avoid using the term "market revolution?" What evidence does he cite to promote his avoidance? What term does he s

uggest be used instead, and why?
Business
1 answer:
KIM [24]2 years ago
4 0

Since the expansion that followed the War of 1812 was more of an ongoing evolution than a sudden revolution, Daniel Walker Howe avoids using the term "Market Revolution" and there is evidence that a market economy already existed and had been established in the American colonies in the 18th century.

Since communication significantly improved starting around 1815 compared to earlier decades, he advocates using the term "communication revolution" to describe the early nineteenth century.

Finally, retorts Howe, the revolution that really mattered was the "communications revolution": the invention of the telegraph, the expansion of the postal system, improvements in printing technology, and the growth of the newspaper, magazine, and book-publishing industries, and the improvements in higher-speed transportation. Howe responds that the "communications revolution," which included the development of the telegraph, the expansion of the postal service, advancements in printing technology, the expansion of the newspaper, magazine, and book publishing industries, as well as the development of faster transportation, was the revolution that truly mattered.

To know more about market revolution here,

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3 years ago
A commercial cleaning company spends an average of $500 per year, per customer, in supplies, wages, and account maintenance. An
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Answer:

$1,250

Explanation:

The computation is shown below:

Customer life time value = Gross contribution margin × (yearly retention rate ÷ 1 + yearly discount rate - yearly retention rate)

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3 years ago
A company offering local telecommunications service combines resources with an international company that manufactures digital s
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Answer:

A. joint diversification.

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3 years ago
Read 2 more answers
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4 years ago
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3 years ago
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