Answer:
An article that highlights the negative aspects of the president's war policy
Explanation:
Answer:
Prices are often volatile due to inelastic demand. e.g if there is a ‘good harvest’, supply will increase and there will be a fall in the price of primary products. However, because demand is inelastic, this would lead to a fall in revenue.
coffee-supply-price-growers
The volatile price of coffee – can make planning difficult.
Supply can also be volatile due to weather and disease. For agricultural crops, there is always a risk of crop failure, which could cause economic hardship in one particular year.
Limited resources. One day developing economies may run out of its finite primary products, e.g. precious metals could become scarce. Without diversification, this would leave the economy with a void.
Discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute towards a lack of investment in other aspects such as education and industrial production. Comparative advantage can change over time. It’s important to not just look at the present comparative advantage, but prospects for next 10 or 20 years.
There is a low-income elasticity of demand for primary products. With a rise in global income, there is a proportionately smaller percentage rise in demand for primary products. (agricultural products tend to be income inelastic). Therefore, if you produce primary products, you may see lower rates of economic growth than countries who produce manufacturing goods – which are more income elastic. The Prebisch-Singer hypothesis suggests that countries who concentrate on primary products are vulnerable to a declining terms of trade.
There are 5 points
Hope it helps!!!
Both declarations were similar because both of them declared rights of people (and even the peasants) and affirmed that government must protect individual rights. Also, both documents emphasized basic principles such as freedom, equality, and natural rights for men based on Enlightenment ideas brought by well-known philosophers such as John Locke.
He was most famous for his theory in relativity, gravity, and his quantum description of light.
Explanation:
Park Street Road,
Sector 26,
ABC city
Date: 27th April 1937
Dear Friend,
How are you? After so many days I have been writing a letter to you. Today in this letter I am gonna describe the development in our district.
As you know earlier our city used to be a middle ranked in the developed districts of ____, but now, the scene is going to change. I am sure that due to Municipal Corporation's new Body, we are going to grab the prize this time. The main road has been pirvjed in no time. Earlier it took months to pitch a road but now, 2 to 4 days. Also, new street lights are being installed, and security for all the bungalows in our colony.
How is your city developing. Respond to me fast!
Friend,
Eliza.
