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Usimov [2.4K]
2 years ago
6

Abby left her native land in Eastern Europe in order to become a nanny for a family in a western suburb of Chicago, Illinois. On

e of the benefits of her arrangement was that she could attend the community college near her family's residence. When she arrived at her new job, she experienced the differences from a predominately socialist nation and a capitalist nation. Abby noted that public transportation in northern Illinois was limited and expensive, making it difficult to get to school. For a negligible fee, the government in her native country provided public transportation for everyone. Abby's native country's economic system was more characteristic of socialism.
a. True
b. False
Business
1 answer:
Nady [450]2 years ago
5 0

Answer:

a. True

Explanation:

In simple terms, socialism is a political and economic theory that states that everyone in society equally owns the factors of production. On the other hand, capitalism states that there is a private ownership of the means of production and their operation for profit.

Usually in socialist nations the government aids its citizens in various ways, that is the reason why Abby's native country's economic system is believed to be more characteristic of socialism.

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The ________, which replaces workers with technology, is another cause of the changes in the job market.
Allisa [31]

The automation of the workplace, which replaces workers with technology, is another cause of the changes in the job market.

<h3><u>What is automation?</u></h3>
  • A broad range of technologies that minimize human involvement in operations are referred to as automating.
  • By predetermining decision criteria, subprocess linkages, and related actions — and embodying those predeterminations in computers – human intervention is decreased.
  • An industrial control system with tens of thousands of input measurements and output control signals can be automated, as can a thermostat controlling a boiler in a home.
  • The banking industry has also been impacted by automation. Control complexity can range from straightforward on-off control to sophisticated multivariable algorithms.

Automation is the use of a variety of tools and control systems, such as machinery, factory processes, boilers, and heat-treating ovens, as well as the activation of telephone networks and the steering and stabilization of ships, aircraft, and other applications and vehicles with a minimum of human intervention.

Know more about automation with the help of the given link:

brainly.com/question/28222698

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7 0
2 years ago
At the beginning of the year, Ilberg Company estimated the following costs: Overhead $416,000 Direct labor cost 520,000 Ilberg u
katrin [286]

Answer:

Predetermined overhead rate = $0.8 per hour

Overhead applied in December = $34,960

Explanation:

Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours

Predetermined overhead rate = $416,000 / 520,000 hours

Predetermined overhead rate = $0.8 per hour

(as Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.)

Actual Labor hour = 43,700

Overhead applied in December = 43,700 hours x $0.8 = $34,960

4 0
3 years ago
Several legal steps must sometimes be taken before a creditor can have his outstanding debt satisfied through the sale of the de
bagirrra123 [75]

Answer:

B) writ of persecution

Explanation:

According to my research on different legal requirements, I can say that based on the information provided within the question the only step that is not part of this process is writ of persecution. This is because a "writ of persecution" is a  written order of the court to persecute a person, since there is no mention of such a thing in the question we can say that this is not part of the process.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
As a business person planning to open a new small business, you know that the business plan should not contain
tia_tia [17]
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.

Hope this helps :)
5 0
2 years ago
What factors under the control of owners and managers make a firm successful and allow it to earn economic​ profits?
mafiozo [28]

Answer: E. The firm's ability to differentiate its product

Explanation:

The factor under the control of owners and managers that make a firm successful and allow it to earn economic​ profits is the firm's ability to differentiate its product.

Product Differentiation has to do with making a product unique from that of its rivals so that it'll be attractive to the customers and the target market. This will slow be vital for the company to produce at a average cost that is lower than that of its competing firms. This will help the company to have a competitive edge over others.

8 0
2 years ago
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