The answer is King Louis XVI!
Starting from the half of the 20th century, American enterprises started moving a series of their operations overseas int he search for gaining a competitive edge over their competitors. Cost reduction in the form of transport and labor costs was the main factor behind the moving of businesses overseas.
However, the political and economic environment of numerous countries in the world where these companies operate is complicated, as sudden government changes can bring the economy downwards or upwards. Another important factor is the guarantee of security of these businesses. The control of these businesses by governments or sudden attacks by locals are commons events that have happened throughout history. This is why it is important for the Department of State to constantly monitor US enterprises overseas in order to guarantee the protection of their interests.
The major cause of the Great Depression was the collapse of the stock market.
<h3>What is Great Depression?</h3>
Great Depression refers to the economic breakdown of the united states in 1929 and 1939 which led to the serious recession in the economy. This incident took first time in the history of the industrialization.
The economic breakdown began with the crash in the Stock markets where millions of the people had their investment and it led to the panic situation in the Wall streets.
The depression led to the fall in the production of the output and which raised the prices of the commodity. There was the tremendous increase in the level of unemployment.
Learn more about the Great depression here:
brainly.com/question/27291778
#SPJ1
The advantages of the division of labor is that worker output can increase exponentially. <span>If an employee performs the same set tasks each day, then he becomes an expert at his job over a period of time.</span>
