Answer:
International division of labour.
Explanation:
The separation of work into number of tasks is known as division of Labor.
It is important for the economic progress because it allows the people to specialise in particular tasks. The specialisation makes them more efficient and reduces the cost of total production.
International division of labour is the process that occurs when the production in not limited to national economies. According to the "old " International division of labour the underdeveloped countries were incorporated in the world economy as the supplier of agricultural commodities and minerals, It lasted till 1970's. While according to the theory of New International Division of Labour(NIDL) the manufacturing is shifting from advanced capitalist countries to developing countries.
On April 6, 1896, the first modern Olympic Games are held in Athens, Greece, with athletes from 14 countries participating. The International Olympic Committee met for the first time in Paris in June 1984 and chose Greece as the site of the inaugural modern Olympiad.
Answer:
He wrote the article because political agenda, factory owners funded him
Explanation:
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Answer:
Natural monopoly. A market situation where it is most efficient for one business to make the product.
Geographic monopoly. Monopoly because of location (absence of other sellers).
Technological monopoly. ...
Government monopoly.
Explanation:
