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sergiy2304 [10]
3 years ago
15

Describe the impact of national and international markets on the Texas economy.

History
2 answers:
aivan3 [116]3 years ago
6 0

Answer:

Today the Texas economy is large, diverse and dynamic, boasting a gross state product (GSP) valued at almost $925 billion in 2005. If the Lone Star State were an independent country, it would have the tenth largest national economy in the world--just behind Spain and Canada, and ahead of Brazil, the Republic of Korea, and India--according to data from the World Bank.

Explanation:

atroni [7]3 years ago
3 0

Today the Texas economy is large, diverse and dynamic, boasting a gross state product (GSP) valued at almost $925 billion in 2005. If the Lone Star State were an independent country, it would have the tenth largest national economy in the world--just behind Spain and Canada, and ahead of Brazil, the Republic of Korea, and India

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Explanation:

that's all I got hope it helps.

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Think about Laissez-Faire policies. Do you think the owners of these factories would like them? Why or why not?
julsineya [31]

As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.

However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?

What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.

To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?

5 0
2 years ago
Dạy bé học tiếng Việt từ nhỏ sẽ giúp bé yêu của bạn thông minh hơn nhiều và rất có nền tảng cho tương lại sau này.
noname [10]

Answer:

Chỉ cần đặt một câu hỏi. tôi muốn giúp bạn

7 0
3 years ago
Plssss help 27 points
Neporo4naja [7]

The rhetoric's that was used in these speeches have been grouped below:

<u>Evil empire speech:</u>

  • Portrayed the soviet union as an enemy.
  • appealed to audiences sense of justice

<u>Tear down this wall speech:</u>

  • appealed to audiences sense of morality.
  • Challenged the soviet union to do the right thing.

<h3>Summary of the evil empire speech</h3>

This speech was delivered by Ronald Reagan during the cold war by the US and the Soviets.

He referred to the soviet as a force of evil that was a threat to the modern world.

<h3>Summary of the Tear Down This Wall" speech</h3>

This speech was given by Reagan to Gorbachev urging him to tear down the wall that they had built in Berlin.

Read more on the Soviet union here:

brainly.com/question/545380

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Why was the william proviso so controversial?
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Inspite that he wanted to end slavery he was really bias towards other peoples ideas
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