According to Joseph Schumpeter, the stage that is described above is the Recovery stage.
<h3>What happens in the recovery stage?</h3>
- The country begins to recover from the negative economic conditions of the depression.
- Signs of stability will begin to appear.
In the recovery stage, economic activity will start to rise as there will be more production of goods and services.
Unemployment will also begin to drop as more companies hire people to produce. They will in turn increase spending which would further stimulate the economy.
In conclusion, this is the recovery stage.
Find out more on the recovery stage at brainly.com/question/3951038.
Answer:
c. it makes prices rise
Explanation:
Inflation describes a situation where there is a general increase in prices in the country. Inflation is directly linked to economic growth. A high growth rate results in high inflation.
Inflation causes prices to rise, reducing the purchasing power of money. A reduction in purchasing power means a unit of money will buy fewer items than it did previously. The government puts in measures to counter inflation to stabilize prices and prevent erosion of purchasing power.
Low inflation indicates slow economic growth, low employment, and a reduction in prices.
Answer: e)5% and $80,000
Explanation:
$320,000 was generated by the salespeople in this territory.
This territory comprises 10% of a $64 million market.
Territory comprises of = 10% * 64,000,000 = $6,400,000
Their market share is therefore;
= * 100%
= 5%
Four people made sales of $320,000.
Their productivity =
= $80,000
Answer:
B
Explanation:
Utility means useful, therefore the answer would be answer B. usefulness.