Financial tension may arise from large scale migration of low skilled labor into developed countries due to:
- Decreasing wages as supply of labor increases
- Net fiscal costs related to social welfare increase
<h3>What is migration?</h3>
This is the movement of people from one country to another. Here, migration take place due to low wage rate being paid to workers, which is not sufficient to meet their daily needs.
There are several reasons for migration. However, the commonest are:
- People can enjoy better infrastructural facilities like good roads, stable power supply.
- The standard of living of the people can be enhanced.
- There will be access to education and job opportunities for the migrants.
When there is frequent migration, such situation can create financial tension or instability to the developing countries. This is because of large scale of low skilled labor that would leave the country and then move to developed countries.
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Answer:
Customer profiles help a business keep track of its target market.
Costumer profile survey
- notes on the demographics and information about a business's most likely costumer.
- help a business to track of its target market.
-Steps:
1. Market research
2. Surveys
3. Information
4. Reason
5. Individualize
Answer and Explanation:
The journal entry is shown below:
Cost of goods sold Dr $2,650 ($15,010 - $12,360)
To Inventory $2,650
(Being the cost of goods sold)
By recording this we debited the cost of good sold as it increased the expenses and credited the inventory as it decreased the assets so that the correct recording and posting could be done
Answer:
sharecropping
Explanation:
Sharecropping is a system of tenancy agriculture . In it a landowner gives a portion of his land to a labour for the purpose of raising crop . In return , he gets a share of crop raised by him for free.
After the civil war , former slaves were in search of jobs . Due to depression and absence of credit system ,they went into this deal of sharecropping with whites . They also borrowed heavily for getting seeds and fertilizer. Landlords charged high interest rate for that which led them to debt-trap. Landowner also put condition like selling the yield on their condition at pre-specified cheap price.
Your KEY word is private. The companies may be limited liability, but because they are private, that means that they are privately owned. Privately owned companies are not traded on stock exchange. Often a corporation will issue stock in what’s called an Initial Public Offering. This is to raise capital and allows anyone from the public sector have access to ownership of the company through buying shares of stock. If the company were privately held, it would be owned by the employees or a few investors or a combination
