Answer:
Search Results
Featured snippet from the web
During 1989 and 1990, the Berlin Wall came down, borders opened, and free elections ousted Communist regimes everywhere in eastern Europe. In late 1991 the Soviet Union itself dissolved into its component republics. With stunning speed, the Iron Curtain was lifted and the Cold War came to an end.
Explanation:
The World War II involvement of the United States meant that lot of men had to go to war. This left a very big gap in the labor force market. Because of the lack of labor force, the people that were not sent to fight, including lot of African Americans, found themselves in a nice position when it came to job opportunities. The empty spaces in the labor market had to be filled in order for the economy to run, so pretty much everyone managed to get a job with ease. This opened a lot of doors for the African Americans against which there was lot of discrimination until then, so they used the opportunity, managed to get nicer jobs and to prosper in life because of it.
In management accounting, fixed costs are defined as expenses that do not change as a function of the activity of a business, within the relevant period. For example, a retailer must pay rent and utility bills irrespective of sales.
Five Traits of a Command Economy. A command economy is where a central government makes all economic decisions. Either the government or a collective owns the land and the means of production. It doesn't rely on the laws of supply and demand that operate in a market economy.