The invisible hand is an economic term to describe the tendency of a market prices to lead individuals chasing their own interests into productive activities that encourage economic welfare of society too. With this explained, we can choose <em>C a term economists use to describe the self-regulating nature of the marketplace</em> as the correct answer.
Answer:
The world war I
Explanation:
Leave between nine and ten million deaths, additionally some twenty million wounded soldiers. Causing a great economic depression in nations like the United Kingdom and Germany, which meant a gigantic inflation for the last one. In Russia before the end of the war, the czar abdicated in February 1917 and then in November occurred the Bolshevik revolution. The Ottoman empire lost territories and new nations such as Turkey born, also occurred the establishment of the state of Israel.
<span>ElieWiesel, being just a teenager, witnessed the murder of his family in the Auschwitz concentration camp, where Elie himself was a prisoner. During his stay in the concentration camps, he came to feel that being abandoned by God was worse than being punished by him. It was better an unjust God than an indifferent one, hence the expression that indifference, is the emotion more harmful and more dangerous than anger or hatred. Indifference is not the beginning; is the end. And therefore, indifference is always the friend of the enemy because he benefits from the aggressor, never from his victim, whose pain is magnified when he or she feels forgotten.</span>
Answer:
Yes
Explanation:
Globalization is a huge danger to local cultures because it can rob them of their identify by imposing a fit-for-all culture known all over the world.
Local cultures prosper because they are local and unique, far away from the global influence. Globalization brings people together but it also makes them all look alike because they are exposed to the same influences, in culture, business or politics. Some local tradition may become too old fashioned for many to be still followed and they may disappear, especially if the young people reject them because they don't seem attractive any longer. To prevent local culture, some rituals have to be maintained and pass over to the next generation, globalization jeopardizes this process and some local cultures may become extinct in the end.
Answer:
The majority of the total operating budget for most organizations is represented by supply chain costs
Explanation:
An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of the operation including reimbursable work or services for others. It also includes estimates of workload in terms of total work units identified by cost accounts. Supply chain costs take up the most in the total amount of the budget. Supply chains include costs related to procurement, transportation , inventory and quality.
