They agree to sell shares/stocks of their company in an IPO, Initial Public Offering. They can raise billions of dollars this way instead of what a bank would loan at whatever interest rate
Answer: The Black Death was an epidemic of bubonic plague, a disease caused by the bacterium Yersinia pestis that circulates among wild rodents where they live in great numbers and density. ... Plague among humans arises when rodents in human habitation, normally black rats, become infected.
Explanation:
The term "transferable skills" describes any skill or talent that can be taken from one kind of job to another. Its opposite is specific or dedicated skills. So a specific skill might be when someone learns how to use a specific kind of computer software that is used only at one workplace. Since that software isn't used anywhere else, knowledge of how to use it isn't a transferable skills. But the same worker, in the process of learning how to use that software, might also have learned a lot about how to use computers. That knowledge of how computers work IS a transferable skill, since it can be valuable in a lot of different workplaces.
<span> "Colombian Exchange." This is the exchange of the crops, animals and resources that went between the New and Old World.
From the Americas came peppers, maize, potatoes, tomatoes, snap beans,
lima, beans, and squash. Maize and potatoes became staple crops
throughout Europe. So much so that the Irish potato crop failed, the
result was famine.
From Europe, to the Americas came wheat, rye, barley, oats and millet.
The first two crops are used in bread, a mainstay today.
The horse was a European import. When adopted by the Native Americans, the result was the Great Plains cultures.
The Americans produced vast amounts of gold and silver. However the
material was obtained, the amount imported to Europe made economies
based on money possible. This allowed more trade.
Having somewhere to go and new opportunities invigorated Europe. People
could now seek their fortune or get a fresh start. Having a destination
also increased technological development of deep ocean ships.
There is a dark side to the exchange. When Europeans first came to the
Americas they inadvertently introduced a number of diseases. These
included forms of Tuberculosis, measles, cholera, typhus, and smallpox.
Oh all the exchanges between the Native Americans and the Europeans,
disease had the most impact.
Native Americans had little immunity to any of these imported diseases.
The migration route into the Americas had been through arctic regions.
The cold acted as a "filter" preventing some diseases from entering.
During their thousands of years of isolation, the inhabitants of the
Americas had avoided the disease that swept through the rest of the
world. However, this also meant that they had no immunity, protection
from these same illnesses. </span>
There are many theories to power, be they liberal, socialist or otherwise. Many have been developed over centuries of thought, which pick apart the very nature of our society and world order. But of all the theories that I’ve come across, one sticks out more than any other, and it is the reason I hold such strong free-market/anti-state views. It’s called Public Choice theory, but don’t ask me why, because it seems to explain why any one but ’the public’ makes choices today.
Public Choice theory is modern, having only really taken off during the 1960’s, but I believe it grants a very realistic and worrying view of Britain’s power structure, and exposes many very deep scars which socialism and Keynesianism unintentionally inflicted on our country. It was heavily developed by the US economist James Buchanan, who won the 1986 Nobel Memorial Prize for his work, and who advised Margaret Thatcher through the Institute for Economic Affairs during the late 1970′s.
Just like capitalism, Public Choice theory is based on two simple assumptions about human nature. Firstly, that humans are principally self-interested. That’s not to say we’re selfish, which is somewhat more immoral, but rather that we will always aim to fulfil our wants and desires, economic or otherwise. Secondly, that humans are rational; when presented with a series of options, we will select whichever makes us the most happy for the least cost. Rational Choice theory, as it is called, has come under substantial intellectual attack in the past, and I don’t personally believe that all humans act completely rationally all the time, but as a model for human behaviour, I’d say it provides a pretty good analysis.
