Answer – A ball game
In Chapter 10 of the 1937 novel, Their
Eyes Were Watching God which was authored by Zora Neale Hurston, an
African-American writer, we find that most of the town went to a baseball game,
leaving Janie alone at the store. Because of this, Janie decided to close up
the store early but before she could, a tall stranger came to the store to buy
cigarettes from her and then starts making flirtatious small talk with her,
making her laugh with his jokes.
Answer:
Prices are often volatile due to inelastic demand. e.g if there is a ‘good harvest’, supply will increase and there will be a fall in the price of primary products. However, because demand is inelastic, this would lead to a fall in revenue.
coffee-supply-price-growers
The volatile price of coffee – can make planning difficult.
Supply can also be volatile due to weather and disease. For agricultural crops, there is always a risk of crop failure, which could cause economic hardship in one particular year.
Limited resources. One day developing economies may run out of its finite primary products, e.g. precious metals could become scarce. Without diversification, this would leave the economy with a void.
Discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute towards a lack of investment in other aspects such as education and industrial production. Comparative advantage can change over time. It’s important to not just look at the present comparative advantage, but prospects for next 10 or 20 years.
There is a low-income elasticity of demand for primary products. With a rise in global income, there is a proportionately smaller percentage rise in demand for primary products. (agricultural products tend to be income inelastic). Therefore, if you produce primary products, you may see lower rates of economic growth than countries who produce manufacturing goods – which are more income elastic. The Prebisch-Singer hypothesis suggests that countries who concentrate on primary products are vulnerable to a declining terms of trade.
There are 5 points
Hope it helps!!!
The correct answer would be, The cost of living in United States could be much more higher than China.
The above mentioned statement could be a possible reason why a person earning 20k dollars in a year in United States could be considering living in poverty while in China it might not.
Explanation:
A person who earns $20,000 in United States could be considered living in poverty. This is because the cost of living in United states could be higher. For example the rent of the house where he lives might be higher as compared to other countries of the world. Similarly, food items, electricity, education and health care facilities might be much more expensive comparatively.
A person earning $20,000 in a year in China, might not be living in poverty, as the cost of living in China might be lesser than that of US.
Learn more about Cost of Living at:
brainly.com/question/2272319
#LearnWithBrainly
<span>The Boy Scouts were conceived in Britain by Robert Baden-Powell in
1908 as a way to overcome the perceived dangers of moral decline. Characterized
by a focus on outdoor activities, swearing to an oath of loyalty to God and
country, and wearing a uniform, the movement spread to the US in 1910. The US effort was led by William Boyce who
perceived a weakness in American boys due to a changing culture and the decline
of patriotism. </span>
