F is the correct answer.
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Answer:
1)Predict: How will supply and demand and labor substitutes in these job markets affect their pay and likeliness to get a job?
Supply, demand and labor substitutes are three variables that will determine the wage.
For the medical field, the demand for doctors tends to be higher than the supply of doctors, because becoming a doctor is costly both in time and money. This means that doctors will be well-paid, according to this model.
Besides, there are not so many labor substitutes for a doctor, increasing the probability of a high pay for them.
The opposite occurs for barbers. Barbers are easier to supply, and demand is not as high for them. This means that a barber salary will be much lower than a doctor's salary. Finally, barbers do have more labor substitutes as well.
2)How will supply and demand within the job market affect my career choice?
Supply and demand within the job market, as explained above, largely determines the quality of the career that you choose. A labor market with high supply and low demand means that the chosen career will be paid less, while a labor market with low supply and high demand means that the chosen career will be paid high salaries.
The United States benefitted economically from WWII in at least two major ways.
First, a number of new technologies were invented or advanced. For example, the creation of long-range bombers really helped towards the creation of larger and longer-range passenger airplanes. The invention of radar helped make it safer for these airplanes to fly from place to place.
Second, many of the other countries that had been economically powerful were devastated by the war. This meant that the US was really the only major economic power whose land and infrastructure was untouched by the war. Therefore, the US had a huge advantage over the rest of the world since it did not have to rebuild after the war -- instead, it could sell stuff to all the people who did have to rebuild.
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The options available are:
A. Import oriented economy
B. Lack of infrastructure
C. Problems with immigration
D. Civil wars
Answer:
B. Lack of infrastructure
D. Civil wars
Explanation:
Lack of infrastructure in Africa is one of the major problem that prevents Africa from being able to fully utilize its resources, this because there is not massive and robust factory infrastructures that can process many of its natural resources into refined and final resources. For example, in terms of crude oil and natural gas, there is no substantial refinery in Africa to process it to final products.
Civil wars is also one of the bane that is preventing the Africa from harnessing its resources, as civil wars leads to vandalization of the little infrastructures that is present there, it also affects the government policies, destroys human lives or resources, and scare away both local and foreign investors.
Immigration problems has nothing to do with the utilization of resources, as many Nldeveloped Nations faced the same problems, such as USA with the influx of Mexicans trooping into the country for greener pastures.
It is not import oriented economy either, because, import oriented economy is also one of the byproducts of lack of infrastructure.
<span>Trade and shipping spreads ideas. Also intermarriage by noble families to cement treaties and commercial interests. Artists would also travel to different "schools" to learn the techniques they offered.</span>
