All categories

3 years ago

Is the process of an economy’s increasing industrialization

Business

1 answer:

Effectus [21]3 years ago

6 0

Answer:

Economic development

Explanation:

Economic development is the process of an economy increasing industrialization, the standard of living of its citizens and overall economic wealth.

This process starts to take place when a poor country starts an industrialization process. The second level is called developing economy, since the economy has not been fully industrialized yet, but the standard of living and the economic wealth are improving.

The third level would be when a country becomes a developed economy , since it has reached full industrialization, its citizens' standard of living is high and the overall economic wealth is also high.

You might be interested in

Phillip is a senior journalist at a news agency. He goes on a temporary leave for six months and travels around different parts

Gelneren [198K]

Answer:

Sabbatical

Explanation:

a period of paid leave granted to a university teacher or other worker for study or travel, traditionally one year for every seven years worked.

8 0

4 years ago

On December 31, 2018, the balance in Megan's Products Accounts Receivable was $680,000 and net credit sales amounted to $3,800,0

Andru [333]

Answer and Explanation:

The Journal entry is shown below:-

a. Bad Debt Expense Dr, $36,800 ($40,000 – $3,200)

To Allowance for Doubtful Accounts $36,800

(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

b. Bad Debt Expense Dr, $40,730 ($40,000 + $730)

To Allowance for Doubtful Accounts $40,730

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

7 0

4 years ago

Which is not a characteristic of contact with energized components that affects severity of injury to a person in a shock incide

Colt1911 [192]

Circuit characteristics such as voltage, Contact resistance, and internal resistance of the body, Duration of the contract, Environmental conditions that affect the body's contact resistance, Pathway of the current through the body are not characteristic of contact with energized components that affect the severity of injury to a person in a shocking incident.

Sweating - Anything that increases the hydration of body tissues (such as sweating or being very young) makes a person a better conductor and therefore more likely to be injured in shock.

The main factors of energized components that influence the severity of an electric shock injury are 1) the amount of current flowing through the body, 2) the duration of the current flow, and 3) the path of the current through the body.

Learn more about energized components at

brainly.com/question/27953133

#SPJ4

7 0

2 years ago

Analyzing Adjusting Journal Entries, Prepaid Asset and Deferred Revenue Voss Inc., an accounting firm, adjusts and closes its ac

Gennadij [26K]

Answer:

a. Case A-the $1,125 was debited to Supplies Expense. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies expense 1,125

Cr Supplies 1,125

Then the ending balance of Supplies would be = -$900

b. Case B the $1,125 was debited to supplies. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies 1,125

Cr Supplies expense 1,125

Then the ending balance of Supplies would be = $1,350

Explanation:

During the current year, supplies were purchased for $1,125 cash. The inventory of supplies at the prior year-end was $225.

Adjusting entry to record supplies expense = $1,125 + $225 - $360

Dr Supplies expense 990

Cr Supplies 990

Ending balance of supplies inventory = $360

4 0

4 years ago

Turrubiates Corporation makes a product that uses a material with the following standards:

mafiozo [28]

Letter B I believe sooooo

3 0

3 years ago