Eli Whitney developed the cotton gin during the Industrial Revolution. By having access to education and skill development, he w
as able to emerge as an entrepreneur who could employ new technologies for his business and find workers with the skills to use them. Inventors, like Whitney, were able to take up these economic opportunities generated by their ideas because they knew that their property rights would be respected, and they had access to markets where their inventions could profitably be used and sold. Institutions that allow and encourage all people to participate by making the best use of their talents must feature private property rights, and an unbiased system of law, as well as provide public services that create a level playing field in which people can exchange and contract. It must also permit the entry of new businesses and allow people to choose their careers. What kind of institution does this describe?
Inclusive Economic institutions are economic institutions which allow and encourage participation of people involved in economic activities to make the best use of their talents and skills also allowing them make their own decisions about their work. Inclusive economic institutions feature secure contracts and property rights, an unbiased system of law where the state enforces law and order relatively uniformly, markets have relatively free entry, access to education and opportunity is open to a great majority of citizens.
Teaching does not measure up as a profession simply because professions do have an explicit and shared knowledge base which is expressed in a clear, technical language.
Which of the following statements is generally true about change in the workplace ? a ) Most people accept change easily . b) Smart companies can avoid change altogether. c) Change in the workplace fairly infrequently d) Individuals can learn to manage the change in their lives.m
The correct answer is Anomie, this is the term used by Emily Durkheim to refer toa condition in which social control becomes ineffective as result of the loss of shared values.
Explanation:
Anomie is a term that means the lack of rules or standars that society has.
Utilitarian(answer D) is the term used by marketers to describe a desire to achieve some functional or practical benefits. Utilitarian needs motivate some people which emphasize mainly in objective, tangible attributes of products. Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number
The birth and actions of the Zionist Movement were spurred by two things: the Jewish beliefs regarding a return to their ancient homeland and the anti-Semitic events in Europe in the early 20th century. The founder is Theodore Herzl. Its origins are in Eastern and Central Europe in the last years of the 19th century.
