Any particular time? I guess the most relevant time for this question is early half of 20th century.
I think the event was first world war and some of its consequences (in many countries the monarchy was abolished so people "experimented" with new political organisatons, in Germany the war brought huge reparations which contributed to the deterioration of their economy)
and the global economic crisis of 1920
1) On the individuals:
Some individuals might get rich, but also sometimes arrested due to corruption.
Other individuals do not receive what they should receive, such as their pension money, if it was stolen by someone else.
2) On the society:
it hinders the development in a society, first by literally stealing tax money and then additionally due to the lack of trust in the officials
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Answer: A. competition among producers</h3>
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Explanation:
Competition reduces prices while also increasing the quality of the product or service. Companies that don't do such things will likely be out of business since the customer can go elsewhere for a better experience. The more competition, the better consumers are off.
In contrast, monopolies are bad for consumers because one company can set the price to whatever they want (to a certain level of course) and the customer has no choice to pay that price. The customer does not have any other option so the company is in full control. This leads to decline in quality because quality is often associated with cost. Safety standards may decline as well. So this is why monopolies are not good for the customer. In cases where there are monopolies, such as with power utilities, it is strongly advised that government regulations are put in place. This way the company doesn't completely exploit the customer.
In short, we can eliminate choice D because it runs counter to choice A.
Choice C can also be eliminated because if you had a decrease in supply, then the price of the product is likely to go up if you hold other factors in check (such as keeping the same level of demand). Higher prices do not benefit consumers unless those consumers had an equal or better wage increase.
A raise in interest rates means that it becomes more expensive to borrow money. For example, a raise in interest rates means that mortgage rates go higher. This negative is slightly counterbalanced with the fact that savings accounts interest rates go up as well. Overall, I think a rise in interest rates means that consumers ultimately pay more, so we can cross choice B off the list as well.
The correct answer would be Aesthetic Modification.
In repositioning the product, Coca Cola changed the taste of the product. It also changed the look of the product with a larger can size and different colors. This is an example of an Aesthetic Modification.
Explanation:
Repositioning is the process of placing something in a different place. Aesthetic Modification is a part of repositioning.
Aesthetics are basically concerned with the beauty or anything related to beauty, like appreciating or enhancing it.
Now Aesthetic Modification is a strategy in marketing in which the aesthetics of a product are changed by the company to reposition it. Aesthetic modification is the changes in the taste, texture, sound, smell, or appearance of the product.
So when Coca Cola changed the taste, size and color of the can, and the overall look of the product, it means Coca Cola did Aesthetic Modification.
Learn more about Brand Repositioning at:
brainly.com/question/13006074
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