Answer:
c. see class as defined by the relationship of the classes to the larger system of economic production.
Explanation:
The conflict perspective analyzes society through distributive conflict.
Distributive conflict consists, literally, in the dispute over the distribution of wealth (income) among social classes. For example, workers are a class that reinvigorates higher wages (greater share in distribution) while entrepreneurs aim to lower wages to increase their own share of total income distribution.
Distributive conflict occurs in all areas of the economy, whether in the productive or financial sphere, and the rationale for the analysis lies precisely in the demonstration of classses as economic classes.
Paper currency or banknotes are pieces of paper that carry a payment promise for the currency written on them and which is payable to the bearer on demand. At the beginning, banknotes were issued by commercial banks that backed their value by holding reserves of gold and silver coins. Nowadays, its value is fiduciary, it is not backed by any physical good of the same value.
The development of paper currency by Song's dinasty meant a considerable improvement from merchants and traders at those times. Paper money was much easier to transport if compared to coins, both in terms of size and weight. Merchants could travel for a longer time carrying their profits with them on the way and became more efficient in their businesses.
Answer:
communication
Explanation:
<u>Communication Economics and Development:-</u>
It aims to formalize and determine a methodology in order to integrate the variables of different communication into the economic development models.
Thus, in the given case study:-
In order to stimulate the economic development in Africa, the foundations recognized the problems in communication and thus offered cellular phones to the farmer cooperatives so to improve the economic levels in the African markets.
