The assassination of Archduke Franz Ferdinand in Sarajevo on 28th June 1914, it triggered a chain of events that resulted in World War 1. President Woodrow Wilson declared that the United States would remain “impartial in thought as well as in action.” At the time, a vast majority of Americans approved of Wilson's policy of strict U.S. neutrality.
Answer:
This is an example of:
B. lowering prices for customers.
Explanation:
<u>In a competitive market, it is common for companies to try and offer a cheaper product. In most situations, being cheaper means the product has more chances of attracting customers when compared to expensive ones. A way to make a cheaper product is by decreasing production costs using cheaper materials, as is mentioned in the question.</u> Of course, the product will have its price lowered, but its quality may also decrease with the use of a cheaper material. Anyway, the situation described is an example of lowering prices for customers.
Industries like telecommunications are more likely to be nationalized because of the perceived strategic value.
<h3>What is nationalization?</h3>
It should be noted that nationalization simply means the takeover of a particular business by the government from private individuals.
In this case, industries like telecommunications are more likely to be nationalized because of the perceived strategic value.
Learn more about nationalization on:
brainly.com/question/361515
