If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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Answer:C
indecision
According to the passage, in Shakespeare’s tragedies, “A tragic flaw is a defect in a character that leads to his or her demise and, often, death at the end of the play. In Shakespeare’s tragedy Hamlet, the main character Hamlet’s indecision over whether to avenge his father’s death leads to his downfall.” This shows that Hamlet’s tragic flaw is his indecision.
Explanation:
Answer:
Lincoln's election was seen as the last straw to the Southerners about their place in the union. This led to the process of secession a short time later, also leading to the eventual Civil War.
The strategy that ensures that some products will be doing well if other are competing poorly is the Risk diversification strategy.
Basically, term "Diversification" aims to mitigate risk or maximize returns by allocating investment funds different categories.
In a firm, Risk diversification strategy involves strategy of producing variety or categories of product to ensures that its has way of competing in the industry.
Therefore, the strategy helps in a situation whereby if one product fails in the market, some other product from same firm will still be competing in the industry.
In conclusion, the answer is risk diversification strategy because its ensures other product will compete if other fails.
Learn more about Risk diversification strategy here
<em>brainly.com/question/2826226</em>
