1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rina8888 [55]
2 years ago
13

Why has America been referred to as " the land of opportunity"?

Business
2 answers:
nadya68 [22]2 years ago
6 0

It provides anyone from any background the possibility of success through hard work.

kozerog [31]2 years ago
3 0

Same as with Canada which is where both my grandfathers came from. Let's see how many reasons I can come up with just off the top of my head and just for those two.

  1. They enjoyed the freedom of the First Amendment (speech, press, religion, assembly -- Canada has the same provision) that was not granted in the country they left. They never exercised those rights, I don't think, but their children and grandchildren did.
  2. They were free to raise their children so that they had the chance of being productive. My father was an MD, but he owed that piece of good fortune to his father. The country from which they came would never have allowed him to get all that education.
  3. They were able to eventually bring their wives and children with them. There was enough money to be made, even at jobs that didn't pay much, to bring them across the Atlantic.
  4. They were able, once the families were here, to turn their attention to bettering their conditions. They never became rich, but no one starved either. That's more than could be said about those relatives who didn't do as they did.
  5. They were free to travel. They didn't do that, but their children and especially their grandchildren did. That too was very limited where they came from.
  6. They had medical care and good medical care which was not given to just anyone where they came from.

You might be interested in
On December 31, Strike Company sold one of its batting cages for $24,440. The equipment had an original cost of $244,400 and has
True [87]

Answer: There was no gain or loss on the sale of this asset.

Explanation: In order to calculate how much profit/loss was made on an asset when it is sold, you have to take the cost price of the asset, and deduct the accumulated depreciation of the asset up to the date of sale. This is known as the book value of the asset, and shows how much it was worth on the day it was sold.

Cost price is the purchase price that the asset was worth on the day it was bought by Strike Company. Accumulated depreciation is the total reduction of the worth of an asset periodically, because of wear and tear.

Book value is calculated as:

Cost price: $244,400

- Accumulated depreciation: ($219,960)

= Book Value = $24,440

However the asset was sold for $24,440. This means that Strike Company sold this asset at its pure value, which is the book value. Thus forfeiting the chance to make a profit, or a loss.

7 0
3 years ago
Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estim
Vladimir [108]

Answer:

$150

Explanation:

The Warranty Expense account is a liability account and it must include all the estimate costs associated to the merchandise sold:

100 radios were sold and the company estimates to replace 5% or them = 100 x 5% = 5 radios

the cost of replacing 5 radios = 5 radios x $30 per radio = $150

4 0
3 years ago
Mr. musselman is the head coach of the high school football team. he notices that, after learning the names of the players on th
insens350 [35]
Dummmmmmmmmmmmynessssssssssss
6 0
3 years ago
Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per
stich3 [128]

Answer: is realizing an economic profit of $40

Explanation:

The total cost involved in the production will be:

Fixed cost = $100

Variable cost = $3 × 20 = $60

Total cost = $160

The selling price will be:

= $10 × 20

= $200

The economic profit will then be;

= Selling price - Cost price

= $200 - $160

= $40

8 0
3 years ago
A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a:
aivan3 [116]
<span>A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a free rider. The free rider problem is created from market failure because people take advantage of being able to use common resources or collective goods without being able to pay for </span>them. 
8 0
3 years ago
Other questions:
  • How does a country's GDP help you determine if its economy is strong or weak?
    8·2 answers
  • Write before each job situation below the letter corresponding to the type of test described. a. genetic b. skills c. personalit
    14·1 answer
  • A firm has current assets that could be sold for their book value of $10 million. The book value of its fixed assets is $60 mill
    15·1 answer
  • Laser World's income statement reported total revenues of $860,000 and total expenses (including $40,500 depreciation) of $740,0
    11·1 answer
  • If real GDP is $150 billion, full employment GDP is $600 billion, and the marginal propensity to consume is 0.8, then Congress s
    12·1 answer
  • Management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. What will income equal if sales are $325
    8·1 answer
  • When deciding on an office layout, a business or organization has to consider all of the following except:
    5·1 answer
  • which type of managers of a business must answer to a board of directors regarding the company's fiscal performance
    10·1 answer
  • Tickets for a concert cost $35 for balcony seats and $75 for floor seats. Tickets at the same venue for a theatrical production
    6·2 answers
  • emily purchased a building to store inventory for her business. the purchase price was $760,000. emily also paid legal fees of $
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!