Answer:
C. Private property rights, competition, the price system, and entrepreneurship.
Explanation:
Answer:
The best answer to the question: This, in turn, impacted Eaton´s sales, which is known as:____, would be: Derived demand.
Explanation:
In economics, we talk about derived demand as the desire, or demand for intermediate goods, or services, that make part of another intermediate or final good or service. An example of this is the production of a plane. In order to produce a plane, Boeing would require a series of intermediate goods to produce its final good, which is the plane. The demand for these intermediate goods: steel, laborers, and anything that would make part of producing an airplane, is what is known as a derived demand. In the case of Eaton, they are precisely focused on the production of these intermediate items, which they sell to other businesses for different purposes. However, with the financial crisis of 2008, these industries to which Eaton sold their products and services, had to cut down on costs, and therefore, stopped demanding products from that company. The impact on Eaton´s sales is known as derived demand.
Answer
the reflection of cultural beliefs
Answer:
increased
Explanation:
Most of the countries adopted technologies from industrial revolution in that time period. This made automobiles become much more affordable since its production become much more efficient.
This increase the total ownership of things such as cars and motorbike.
Because of this, the amount of oil that is used for transportation is also increased. In that time period, the average use of oil for transpiration increased from 2 million gallons a day to around 14 million gallons a day.