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3 years ago

How is poverty anywhere a threat to prosperity everywhere?

Business

1 answer:

azamat3 years ago

7 0

Answer: Here poverty can be explained as a barrier to growth.

Explanation:

Although we indeed live today in a globalized world, where there are greater opportunities for more people, poverty continues to be a problem that can be a barrier to the growth of wealth.

Poverty interferes with the growth of the human being since it limits it and does not allow it to develop its potential, which leads it to remain at the same level where it was and contributes to the growth of poverty.

When poverty is higher, prosperity is lower. Inequalities in many aspects are becoming more marked and although it is true there seem to be greater opportunities, many times those people who come from poverty face difficulties to get out of there, which makes it a kind of circle.

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What is a worrisome consequence under the joint and several liability principle?

nalin [4]

Each culpable party is responsible for its proportionate share of the damages. Damages are always the responsibility of all negligent parties.

What is joint and several liability?

Each party is individually liable for the entire extent of the damages caused by the tortious act when two or more people become jointly and severally responsible for that though.
As a result, if a plaintiff obtains a monetary judgment against all of the parties, they may each be held liable for the full amount of the verdict.
The other wrongdoers may then be asked to contribute to that party. The law of undivided injury is the name given to the idea of picking the defendant(s) against whom to seek damages.

The worrisome consequences are as previously mentioned, joint and several liability usually works in the plaintiff's favor because it raises the likelihood that every one of the damages granted will be recouped.

In contrast hand, it can be thought unjust for a party to suffer a disproportionate financial loss as a result of an unpleasant incident for which it had only a tiny responsibility.

Learn more about joint and several liability here:

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7 0

9 months ago

You are given the following information on Parrothead Enterprises: Debt: 9,200 6.4 percent coupon bonds outstanding, with 23 yea

valina [46]

Answer:

8.57%

Explanation:

value of debt = $1,000 x 9,200 x 1.045 = $9,614,000

YTM = {32 + [($1,000 - $1,045)/46]} / [($1,000 + $1,045)/2] = 31.02/ 1,022.50 = 3.034% x 2 = 6.07%

value of common stock = 235,000 x $64.70 = $15,204,500

Re = 3.7% + 0.92(11.8% - 3.7%) = 11.15%

value of preferred stocks = 8,200 x $94.20 = $772,440

cost of preferred stocks = 4.6 / 94.2 = 5.46%

total value = $25,590,940

common stocks = 0.594

debt = 0.376

preferred stocks = 0.03

WACC = (0.594 x 11.15%) + (0.03 x 5.46%) + (0.376 x 6.07% x 0.78) = 6.6231% + 0.1638% + 1.78% = 8.57%

7 0

3 years ago

The key to understanding the money creation process is the fact that:______.a. since the money supply excludes cash but includes

nataly862011 [7]

Answer:

c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money

Explanation:

c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money

3 0

3 years ago

Read 2 more answers

You can be sure that a bond will sell at a premium to par when _________. its coupon rate is greater than its yield to maturity

QveST [7]

Answer: coupon rate is greater than its yield to maturity

Explanation: This is because investors are interested in high yield and will not mind paying for it in other to get a higher payment from coupon.

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3 years ago

Do you think marketers truly have the power to change the way we think? If so, what are the

EleoNora [17]

Answer:

Yes.

Implication : Manipulate demand and choices

Explanation:

<em>Marketing</em> involves communicating the product to the customers at the right price, to the right people and delivering to the right place.

If one of the 4Ps is marketed well for one product customers will have greater attention of that products against another, thus changing the way we think.

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3 years ago

How is poverty anywhere a threat to prosperity everywhere?​

How is poverty anywhere a threat to prosperity everywhere?