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TiliK225 [7]
3 years ago
15

Which was the primary purpose of the expansion of trade in the Zhou and Han dynasties in China?

Advanced Placement (AP)
2 answers:
beks73 [17]3 years ago
8 0
Between b and c Prob b
chubhunter [2.5K]3 years ago
3 0

To access vital raw materials and resources was the primary purpose of the expansion of trade in the Zhou and Han dynasties in China

Option - b

<u>Explanation: </u>

China has been ruled by dynasties for years, among them few dynasties have made some major reforms that changed the dynamics of trade to other part of the world. One such dynasty is Han dynasty.

They are the second colonial dynasty ruled China from 206 B.C. to 220 A.D. And Chinese history has been created by opening trade route to Europe by way of Silk Road.

Middle East and Far East are also connected in the network of trade routes by this Silk Road. Their invention of paper and art work is still influence the world even today

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Causes for increased demand of labor
jekas [21]

Answer:

The following factors can increase the demand for labor:

  1. Decrease in price of labor (or wage rate);
  2. Increased Profitability of Firms
  3. Increase in the number of buyers of Labor
  4. Increase in the number of buyers of a product
  5. Availability of substitutes
  6. Shortage in the supply or availability of labor
  7. Increased productivity of labor

Explanation:

1. Decrease in price of labor (or wage rate): The price of labor is inversely related to the quantity of labor that is demanded at any time T (all other factors remaining constant). When the price of labor increases, just as with most commodities, (all other factors remaining constant, the quantity of labor demanded will fall). If however, the prices decreases, there is rea for the demand for labor to increase as owners of the factors of production will want to take advantage of cheap labor.

2. Increased Profitability of the Business

The demand for labor is by its nature a derived one. Businesses hire labor because there is work/business to be done. Business or work is related to the profitability of the same. If a business owner finds that their business is profitable and the demand for their products/services is increasing, they will invariably hire more workers. The obverse is also true. A non-performing business, financially speaking, will most likely shed its workforce thus decreasing its demand for labor in order to stay above the red line.

3. Increase in the number of buyers of a labor

As the market expands, and more players enter into a market, it is possible (all other factors remaining constant) for the increase in the demand for labor to increase.

If however, the players (that is employers in a particular market) are fewer in number then the demand for labor will be restricted.

4. Increase in the number of "buyers" of a product

A market can be said to be expanding if the number of buyers for the products in that market is increasing.

There are some markets where there are very few buyers. Two of such markets are:

A) Oligopsony: A market where the buyers are few. A real-world example is the fast-food companies. In the United States, for example, Burger King, McDonalds, Wendys, etc are the major players who purchase huge amounts of beef from cattle ranchers. They are very few in number.

B) Monopsony: In this case, the market consists of only ONE buyer.

In the above-described markets, there can only a limited amount of demand for labor.

5. Availability of Substitutes

As technology begins to advance even far beyond the anticipation of humans everywhere in the world, the threat to the demand for labor seems imminent. Factors are begining to cut costs in the long run by replacing physical labor robots that are powered by Artificial Intelligence. This means they are able to get more work done with minimal downtime, minimal supervision, and minimal loss of productivity hours which normally arises with human labor.

6. Shortage of supply of labor

Whenever there is a shortage in the amount of labor that can be hired, the prices take on an upward spiral.

7. Increased productivity of labor

Productivity of labor refers to the output per unit of labor.

If the productivity of labor increases, employers will place a higher demand on it.

The productivity of labor can be enhanced by the following:

  • Level of education and training
  • Ability to use technology

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2 years ago
3 7 4 9 10 11 2433. A sequence of numbers also representing letters on the keyboard...
Solnce55 [7]
3 7 and 4 also 5 it makes sense
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3 years ago
RWBY MEEEMMEESSS :DDDDD
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Nice, thanks for the points.
7 0
2 years ago
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If you travel for a 3.5 hours at a speed of 65 mph how far will you go
erica [24]
Think about it. 65 mph means you go 65 miles in one hour, so in 2 hours you go 65×2 miles, in 3 hours you go 65×3 miles, and in 3.5 hours you go 65 × 3.5 miles.

Hope this helped
4 0
2 years ago
Which of the following graphs below represents the motion of an object at variable speeds?
Tomtit [17]

Answer:

The correct answer is B)

A curved line graph originating from point on the Y axis is shown with distance in miles on Y axis and time in hours on X axis evidences a changes in the speed of an object.

A straight line on the other hand typifies constant velocity.

Cheers!

4 0
3 years ago
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