Answer:
The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America's banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce.
Explanation:
please give me brain list and follow
Answer:
Christopher Columbus may have stumbled upon the Americas, but his accidental discovery has changed the course of history.
The Italian explorer's travels bridged the gap between Europe and the New World, but his curiosity also marked the beginning of centuries of transatlantic colonization.
there is a reason for the dream
our subconscious is trying to tell us things
it must be thought about to solve problems from the past and future
The correct answer is: "a developing nation".
Developing nations lack the technological developments which are necessary to compete in international markets. Most developed countries that use such technologies are able to produce more elaborated goods (hence more expensive) at a much lower cost and therefore gather the profits from international trade.
On the other hand, developing nations where wage levels are low and where institutions are weak become an attractive destination for corporations that perform outsourcing. Outsourcing consists on a company hiring another one in order to perform a certain task. If a corporation hires a company in a developing country, for example to perform certain stages of its production process, it can profit for the lower labor costs and the lack of regulation and taxation system that emerges from the lack of strong institutions. This outsourcing contract allows the corporation of producting at a lower cost than before and to become more competitive in the international markets.
