Answer:
a. Private Property Rights
b. Political Stability and Rule of Law
c. Open and Competitive Market
d. Private Property Rights
Explanation:
a. By defining private property Rights and giving people a chance to own resources, Individuals will strive to own more and more of such rights and so will produce as much as they can so as to afford such rights.
b. When a nation is Politically stable and respects the Rule of Law, investment payoffs are easier to predict than in a country where instability can threaten to degrade investments such that the payoffs will be lost. For example, think of all the Western firms that lost money when the Shah of Iran was overthrown by the Ayatollah.
c. Specialization is more likely to occur in nations with Open and Competitive Market. An Open Market means that goods can come in from the outside easily. This will have the effect of the country being able to import goods that cost a lot to produce locally and instead focus on producing those goods that they are well adept at producing. This is Specialization. Also as a result of competition, companies will strive to find better ways to make profit above competitors and come up with more efficient ways of Production as a result.
d. The Xiaogang Agreement refers to an agreement by farmers in Xiaogang to subdivide their lands in secret so that they would each own a small part of it. As a result, the farmers had an incentive to produce for themselves as they now owned resources that they could benefit from. This right to Private Property led to a huge boom in Agriculture.
I think the FIRST answer is North because then it goes to the MidWest.
Answer:
A) derived demand
Explanation:
The economic concept of demand is used to express the total amount of a good or service that is consumed. In the case of the car market, demand will be the total of cars bought by consumers. The concept of derived demand aims to explain the indirect demand for the inputs used in car manufacturing that occurs when consumers buy cars. The greater the demand for cars, the greater the demand for inputs, such as steel, for car manufacturing. Thus, the demand for steel from the demand for cars is a derived demand.
Fail:
1. Individual
2. Family
3. Cultural
4. Organisational
Success:
1. Professional and technical competence
2. Relational Abilities
3. Family Situation
4. Motivation
5. Language Skills
Explanation:
Role of expatriate failure and success expatriates:
Expatriate failure is generally defined as an affix which is either prematurely terminated or viewed by top management as unsuccessful. Most studies have concluded that the rate of failures is high, and depending on the country, they can range from 20 to 50 percent.
And in order to adapt the community to their new surroundings, it is necessary for those who associate with the assigned group and contribute to the progress of their task to resolve the difficulties outlined above.
Expatriate deficiency factors. An expatriate failure research conducted at Cornell University has shown some of the most mentioned reasons: the cultural shock: the adaptability of modern, different cultures is crucial to expatriate success. Professionals with these skills can often fight in a new environment. Innately.
Expatriates are staff of companies, which are involved in long or short-term enterprise ventures of one country in another. We help their companies to operate in other countries, to reach the international markets or to migrate their business associates knowledge and skills.
