Answer:
- Gains from trade
- Consumer Satisfaction
- Greater Efficiency
- Growth Opportunities
Explanation:
According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.
A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;
- Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
- Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
- Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
- Consumer Satisfaction: Specialization means that cost of production is lower which makes the cost of goods relatively cheaper.
Answer:
bro this is not in my language bro, i can't understand what you're trying to ask me bro, i could put it into google translate but i still don't think i'd be able to answer you as i do not know much, im pretty sure someone will help you out though, have an amazing day my man.
Answer:
free association
Explanation:
According to Myers Psychology,personality is simply known to be a trait or a known parttern related to human(individuals) of thinking, feeling, and acting. The study also defined free association in psychoanalysis as a means whereby people explores the unconscious in which they relaxes and whatever comes to mind or no matter how unimportant or embarrassing, they always say it out.
The benefit of continuity of existence is an advantage of being organized as a <u>corporation</u>.
An organization conducts enterprise, realizes net profits or loss, will pay taxes, and distributes profits to shareholders. The earnings of an enterprise are taxed to the agency when earned and then are taxed to the shareholders whilst disbursed as dividends. This creates a double tax.
A company is a well-known connection with a business whereas a corporation is a connection with a specific sort of business entity. An employer is owned through its shareholders whereas an enterprise may be owned both by the commercial enterprise owner in full (sole proprietorship), numerous individuals (partnership), or others (shareholders).
An organization is a form of commercial enterprise organization that doubles as a separate felony entity from its owners. All agencies are organizations, but no longer all companies are always corporations.
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The best place to farm is in Canada's <span>Prairie region of Western </span><span>Canada.
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