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Serga [27]
3 years ago
8

Are most economics purely capitalism, purely command, purely traditional, or mixed?

History
1 answer:
Firdavs [7]3 years ago
4 0

Answer:

I would say there is a large mix, it all depends on the government type, country, populace, and geography.

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based on the graph how many people are willing to work when the government of a country raised the minimum wage from $17 to $25
Oduvanchick [21]

Based on the Graph displayed, the number of workers willing to work increased when the government raised the minimum wage from $17 to $25, the observation is that the workers increased from 17 to 28 due to an increase in minimum wage.

To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service.  Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.

In this scenario, looking carefully at the graph, the graph shows that in the ordinate axis (Y line), where the minimum wage values are, The demand for workers falls to 9 when minimum wage increase, and the supply (workers willing to work) increased to 28 workers. This means that companies would hire 9 workers paying $25 in Minimum wage.

So, therefore, an increase in minimum wage will bring about an increase in the supply of workers, however, this will lead to a decrease in demand for workers by firms.

4 0
3 years ago
Read 2 more answers
There were many empires that rose and fell between 2300 B.C. and 334 B.C. Need to compare and contrast the Babylonian and Hittit
salantis [7]

Answer:

Babylonian empires and Hittite empires were both located in roughly the same area, this area is today called the Middle East.

The two empires existed at the same time. The Hittite empires from 1600 B.C. to 1178 B.C. and the Babylonian empires from 1894 B.C. to 594 B.C (we note an overlap in the two time periods).

DIFFERENCES

Hittites lived in the North, while the Babylonians lived in more southern part.

Hittites used iron, while the Babylonians used bronze.

The Babylonian justice system was very severe and harsh, even for small crimes (for example: punishment by death, loss of limbs, etc.). The Hittites were not as severe for small crimes or wrongdoings (for example: they had to pay fines).

Babylonians were known for their astronomy and math, while the Hittites were known as warriors.

The Babylonian empire had already set up in the middle east, while the Hittites arrived to conquer land.

Explanation:

hope it helps

7 0
3 years ago
The colonist brought horses to the new world. which answer best explains how horses affected the native Americans?
Svet_ta [14]

Answer:

D

Explanation:

Horses revolutionized Native life and became an integral part of tribal cultures, honored in objects, stories, songs, and ceremonies. Horses changed methods of hunting and warfare, modes of travel, lifestyles, and standards of wealth and prestige

4 0
3 years ago
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Animals occupy an enormous space in this chapter. What is the importance of animals in Paleolithic and Neolithic art? What is th
Thepotemich [5.8K]

1. The importance of the animals in the Paleolithic and Neolithic art is very big. The importance can be seen in the fact that the humans have been depicting the animals because they were part of their daily lives, be it in a positive or negative manner. The animals that have been included int he art are animals from which the humans depended for food, but also animals that have been deeply respected and feared, with maybe even spiritual motives in the background about some them.

2. The relationship of the hunter-artist with the environment is personal. The hunter-artist has been depicting what he/she was seeing, experiencing, using, fearing, respecting, on daily basis. The environment was the one that provided life, but it was also the one that was able to end it very easily, so the hunter-artist was focusing on both ways in a simplified manner, by using the both ends of the spectrum of it.

3. The hunter-artists used the geography and the fauna as the basis for the art. The reason for this lies primarily because those were the things that the hunter-artists was dependent on, and those were the things that were known, with which there was constant interaction on a daily basis. The hunter-artist was practically depicting the basis of his/hers life, by using the geography and the fauna as the basic motifs for the art.

4. There are several theories that are out there about the popularity of the animals in the Paleolithic art, some of which are better accepted than others. One of the theories is that the hunter-artist was simply expressing through art what he/she was experiencing on a daily basis. Another one is that the art was used for teaching the youngsters about the animals, which are good for hunting, and which are to be avoided because they are dangerous. There's even a theory that suggests that the art was made so that if other hunters came, they will see it and be aware of what kind of animals live in that area.

5 0
3 years ago
Why did people migrate from rural to urban areas
kramer
Depending on the person, they typically revolve around employment and economic reasons
8 0
2 years ago
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