Answer:
Hi, again, Jeanne d'Albret is your answer. :)
Answer:
Make sure prices of goods and services are set by supply and demand .
Explanation:
The economies of the United States and other countries, such as Japan, are based on capitalism. ... Decisions regarding investment and the use of the means of production are determined by competing business owners in the marketplace. Production takes place within the process of capital accumulation.
Countries that have a market economy are Mexico, United States, United Kingdom, Germany, and Canada . These countries have a market economy because the prices of goods and services are set by supply and demand .
access to a larger market
This is a benefit of economic globalization since it will open up a wide range of national, regional, and a lot of other markets in which resources, goods, and services as well as information are free-flowing. Every market will therefore have access to the products of various other markets in the whole world.
loss of jobs in developed countries
Economic globalization has led to an improvement in the developing countries. Unfortunately, this had a negative effect on the jobs already available in the developed countries since the decrease of poverty in other developing countries would cause some immigrants to leave their jobs in the developed countries to go back to their homelands, where significant improvement is already seen.
This is therefore a cost of economic globalization.
depletion of natural resources
Economic globalization would encourage markets to produce a lot more compared to the usual situation since they can export their resources to other markets in various places of the world. This would then lead to some markets specializing based on what they have, causing them to utilize their natural resources more frequently.
Depletion of natural resources is therefore a cost of economic globalization.
increase in production of goods
Because of the free-flowing marketplace of goods and services brought by economic globalization, most markets would see a significant increase in the demand of their products. This will lead them to increase their production to meet that demand. Since they can freely export these goods, increasing the production would yield them more profit than usual, thus this will be a benefit of economic globalization.
Answer:
Total revenue equals total Expenditure in a market where transaction costs are zero. This is because what consumer pays is received in total by the supplier. That is consumers pay price quantity which is total Expenditure. Hence total Expenditure equals total revenue.
Answer:
2.By 476 AD, Christianity had spread to most of the Roman Empire, and, in some cases, past those boundaries.
Emperor Constantine the Great was kind to Christians. He understood the strength of the new faith and understood that Rome would also become strong if it had the support of the new church. That is why in 313 he passed the Edict of Milan. The Edict of Milan equated Christianity with paganism, so Christians were allowed to preach their religion freely. It took Christianity less than a century after the Edict of Milan to become the only official religion of the Roman Empire. Respect for the pagan gods was banned by Emperor Theodosius I in 391 AD.
3. along the coasts of the Roman Empire
Before the Edict of Milan Christians were punished and persecuted, Christians were especially severely persecuted in the 3rd century - they were tortured, crucified, burned. The last emperor to support persecution was Diocletian. That is why the areas they were covering were not so wide.
4. Mountains made this region difficult to access.
Already during the reign of Julius Caesar Romans started conquering the region of Gaul, but in the same period Hispania was one of their goals. Still, a small area between was hard to reach because of the mountainous terrain.
