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sp2606 [1]
3 years ago
10

Most recent work on the history of leisure In Europe has been based on the central hypothesis of a fundamental discontinuity bet

ween preindustrial and industrial societies. According to this view, the modern idea of leisure did not exist In medieval and early modern Europe: the modern distinction between the categories of work and leisure was a product of Industrial capitalism. Preindustrial societies had festivals (together with Informal and Irregular breaks from work), while industrial societies have leisure in the form of weekends and vacations. The emergence of leisure is therefore part of the process of modernization. If this theory is correct, there is what Michel Foucault called a conceptual rupture between the two periods, and so the v
Business
1 answer:
Ostrovityanka [42]3 years ago
5 0

Answer:should be noted that, first paragraph of the passage enlightens us on the difference between preindustrial and industrial society in Europe and how great was it to an extent that “the modern

distinction between the categories of work and leisure” (lines 4-5) cannot be reasonably applied to the former, which implies that there exists a discontinuity between the two periods.

Furthermore, the second paragraph argues that the discontinuity approach can accommodate historical data.

On a final note, the third paragraph admits that, while it is very useful in some aspects, this approach “can pose problems of its own” (line 25) and it then briefly describes these problems. All this points to Choice E as correct.

The word “dichotomy” as it appears in the last paragraph of the passage. One of the key claims there is that the dichotomy “reduces a great variety … to the simple formula” (lines 31-33). Therefore Choice C is correct.

More so, “Simple dichotomy” is also mentioned in line 26. The passage states that this dichotomy “remains of use in so far as it reminds us that the rise of industrial capitalism” (lines 28-29) was not just an economic phenomenon, but also a social and a cultural phenomenon. This points to Choice A as correct.

We should also not forget that, the main purpose of the passage is to discuss the idea of “the central hypothesis of a fundamental discontinuity between preindustrial and industrial societies” (lines 1-3) in terms of the development of the concept of leisure. Large volume of the passage is focused on demonstrating the usefulness of this hypothesis; nonetheless, the second part of the third paragraph mentions some “distortions” (line 31) that may result if the hypothesis is accepted. Therefore Choice B is correct. Choices A, D, and E are incorrect, as only one hypothesis/solution is discussed in the passage. Choice C is incorrect, as the passage does not mention that the “distortions” (line 31) caused by accepting the hypothesis are illusory

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Suppose the U.S. government imposes a quota on the number of Japanese-made cars allowed into the United States (the quota is set
Arturiano [62]

Answer:

The correct answer is c increase; remain the same.

Explanation:

Regardless of the motor market, in the technological world, audiovisual, sound and appliances, the Japanese country has evolved to become a huge world power sweeping the rest of the brands and filling all the sales lists. In addition, companies such as Toyota were gradually entering the forefront of the most Americanized and most popular vehicles in the United States. In 2007, the company displaced General Motors for the first time in the top of sales.

7 0
4 years ago
Sean Davis is the owner, president, and primary salesperson for Davis Manufacturing. Because of this, the company's profits are
Natali5045456 [20]

Answer:

The related cash flows to Sean are as follows;

a. $424,000

b. $592,000

c.$399,808

d. $512,885

Explanation:

In this question, we are asked to calculate cash flows to Davis manufacturing given that debt is issues and equity is issued for a number of hour-week

We proceed as follows;

a. For a 40 - hour week and Debt is issued

Mathematically, the cash flow is calculated below as follows;

Cash Flow = EBIT - Interest on debt = $594,000 - ($1.7 million x 10%) = $424,000

b. For a 50 - hour week and Debt is issued

Mathematically, the cash flow is calculated as follows;

Cash Flow = EBIT - Interest on debt = $762,000 - ($1.7 million x 10%) = $592,000

c. For a 40 - hour week and Equity is issued

Mathematically, the cash flow is calculated as follows;

In this case, there will be no interest cost

The firm's value will be increased by the amount of infusion but ownership of sean will be diluted.

New ownership of Sean = $3.5 million / ($3.5 million + $1.7 million) = 0.67307692307

Mathematically, the cash flow is calculated as follows

Cash Flow to Sean = EBIT x new share = $594,000 x 0.67307692307 =  $399,808

d. For a 50 - hour week and Equity is issued

The calculation is as above and there is also no interest course

Cash Flow = EBIT x new share = $762,000 x 0.67307692307 =  $512,885

KINDLY NOTE EBIT IS EARNINGS BEFORE INTEREST AND TAXES

5 0
3 years ago
One of the basic premises in finance is that when the risk of an investment is high, the rate of return required by the investor
Aleks04 [339]

Answer:

A. High

Explanation:

When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.

The required rate of return is usually higher than the short term t bills rate.

I hope my answer helps you.

5 0
3 years ago
1. A speculative attack on a currency occurs when:
Shalnov [3]

Answer:

B. Investors´ perceptions change, making a fixed exchange rate untenable.

Explanation:

A speculative attack happens when a lot of untrustworthy assets are sold by many investors and with that sale, they buy valuable assets.

In currency, it occurs when the national currency is sold massively and suddenly by national and foreign investors. These types of speculative attacks are seen especially on currencies that use a fixed exchange rate. They have the value of it tightened to a foreign currency.

I hope this answer helps you.

8 0
3 years ago
Which of the following occupations is NOT included in the skilled career pathway?
larisa [96]

Answer:

C. Freelance Writer

Explanation:

Just took the test :)

6 0
3 years ago
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