In developing countries, labor is cheap and low wages are paid to employees. This enables firms to manufacture products at a low cost and, therefore, to fix low prices for them too. Such goods are exported because they become attractive in the international sphere due to their price. Domestic products from developed nations cannot compete in prices with those imports, because their production costs are much higher, specially the labor costs.
If domestic products cannot compete with imports, domestic firms will not be able to sell their products and this would lead to decrease in sales, a loss of profit and to an excess of employees that wil have to be dismissed.
<u>In absolute terms, low wages in a developing country reduce the production, income and employment levels in developed countries. </u>
Answer:
Fossil fuels can be seen every where like when you go get gas for your car, that gas is a fossil fuel. Another thing is if you have a gas stove the propane that you use is a fossil fuel and if you use your stove every day then it plays an pretty important role.
Explanation:
Answer: <span>Even if it's not listed, its still a right
Happy to help! :)</span>
Answer:
The answer is - Inferences
Explanation:
The options are:
A. contaminated observations.
B. inferences.
C. distorted behaviors.
D. illusory correlations.
The answer is B- inferences
Inference can be defined as a logical conclusion which is gotten on the basis of evidence and logical reasoning and through the use of knowledge and information.
In the scenario here, it is reasonable to infer that the SUV hit the smaller car due to the evidence that the smaller car is damaged while the SUV which is bigger only has a headlight broken.
Copying my answer from this question from another student who asked the same one:
Social Darwinism is the belief that people and business are subject to the same laws of nature and natural selection. This has been used by business leaders, both in the Gilded Age and today, to create a belief that the strongest businesses are the ones that survive because they survive the competitive process of natural selection.
So, massive oil companies and railroad companies (and tech companies and banks today) used social darwinism to explain their rise to almost monopoly status as a "natural" thing that was accomplished merely using the laws of nature.
