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hodyreva [135]
2 years ago
11

Which of the following is an example of an informal economic institution?

Social Studies
1 answer:
IRISSAK [1]2 years ago
7 0
A credit union is an example of an informal economic institution
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In 1793, Eli Whitney invented the cotton gin, a machine to remove cotton from the seeds. This great invention allowed one field
Tems11 [23]

More people were needed to plant and pick cotton so plantation owners used slaves to fill these positions.

Explanation:

The invention of the "cotton gin by Eli" Whitney resulted in tremendous production in America and other industrial estates. However, it was associated with another far-fetched issue along-side.

Before the invention of the cotton gin, there was general slack in demand of slaves. The coming of cotton gin meant the humongous need for raw cotton since the machine can process the raw cotton at a faster pace than any other machines available contemporarily.

This rapid need for raw cotton was substituted by employing slaves in the cotton field for their production and collection. This caused an increased need for slave once again.

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3 years ago
“For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will c
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Answer: The answer is provided below

Explanation:

The cash flow statement is an important statement that every organization provides and it shows the inflows and the outflows of the cash and cash equivalents in the organization. It is useful in order to understand the cash movement in an organization, make vital business decisions and also measure organization's liquidity.

Maintaining liquidity during the current pandemic is important for every business and a way of doing this is for the businesses to have funds that will be enough to keep the business running during this period. It is vital for businesses to review their assets and look out for the assets that they can convert to cash which can be used for the operation of the business. Another method is for the business to sell its securities so as to maintain liquidity.

6 0
3 years ago
How did the growth of trade change the feudal system?
brilliants [131]
In the medieval times, AKA the feudal system trade was very high because it was needed to get goods the kingdoms were more like places you were forced to live and without trade, you would never get food or clothes. You made less than a penny a day this could pay for a loaf of bread at the end of the week you got one pair of shoes a year and 2 pairs of clothes. When the trade went up it eventually ratified the need for all the work in the kingdoms. 
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3 years ago
Typically, entrepreneurs don't like to be told what to do because A. they have problems with authority figures. B. they have so
Leno4ka [110]

Answer:

B. they have so many ideas of their own.

Explanation:

  • Entrepreneurs are always full with ideas that they can develop and invest in.
  • The entrepreneurs prefer employing their originally coined idea, developing it and finally investing in it.
  • This is because they own the whole road-map of their idea compared to a borrowed idea. Also, this helps keep business secrets and therefore avoid competition.
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3 years ago
Which process will separate a solution of sugar water?
Alex_Xolod [135]

C because heat wIll bOiL da water

4 0
2 years ago
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