Answer:
Labour, capital and land can be the three uses of scarce resource.
In the savings-borrowing-investing cycle, the person or the individual involved will first borrow money or resources to establish capital for their business ventures. Next, they invest in this capital to produce products that would allow money to come in. Lastly, they pay the amount they borrowed and they 'save' their profits for future use, to use for capital again, or to borrow money for the business.
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Answer:
<em>globalization</em>
Explanation:
<em>Globalization:</em> It is defined as the association of the distinct parts of the world that results in the expansion or enlargement of international economic, cultural, and political activities. Globalization encompasses the integration and movement of people and goods in various countries. It gives the opportunity to move around the world and connect through business.
<em>Types of globalization:</em>
1. Social globalization.
2. Political globalization.
3. Economic globalization.
<em>In reference to the question, Linda's company was responding to the results of globalization.</em>
Answer:
Plymouth Colony, America's first permanent Puritan settlement, was established by English Separatist Puritans in December 1620. The Pilgrims left England to seek religious freedom, or simply to find a better life. After a period in Holland, they set sail from Plymouth, England, on Sept. 16,
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