Answer:
societal culture and norms
Explanation:
Culture is simply defined as the way of life of people. It differs from country ro country and from places to places. It is also said to be a sum of all convictions, values, traditions that a person may acquire and most times passed on from generation to generation with very few modifications. Differe society has different culture and also cultural perspective. What may be acceptable in American culture may be unacceptable in Chinese culture and vice versa.
Norms are said to be sppecific rules that usually shows how we should behave in specific situations to be accepted in society.They are said to be customs and values which both acts as a guide to behaviour and act as a yardstick from which behaviour is judged by the majority.
Society is said to be a group of people that is usually living in the same geographical area and who share the same norms, values and culture. Different society with their own norms and culture and differs most time greatly from one another and sometimes opposite each other example is in the Nigeria native culture, it is acceptable for a man to have more than one wife and a woman not to wear trousers but in the american culture, only one legal wife is recognize and ladies can wear trousers.
Answer:
$0
Explanation:
This transaction classifies as a § 351 exchange since Mr. Bass is exchanging his asset for 100% of Corporation C's stock.
§ 351 establishes that no gain or loss must be recognized when property is transferred in exchange for stock in a corporation. In order for this exchange to classify as § 351, the new stockholder must assume immediate control of the corporation as established by § 368 (c). This means that at least 80% of the stocks must be exchanged.
Answer:
A. Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant.
Explanation:
When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was exporting relatively labor-intensive goods and importing relatively capital-intensive goods. This finding: "Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant."
This is because Heckscher-Ohlin theory states that countries usually export commodities, and resources they have in excess, while in return, they import the commodities and resources they need.
However, given that the United States is a country that was relatively capital-abundant, Wassily Leontief's finding is considered to be a contradiction.
Spending on capital goods, inventories, and structures, including the building of new homes, is considered investment for the purposes of computing GDP.
A country's gross domestic product (GDP) is the sum of the market capital goods values of all the finished products and services produced within its borders during a certain time period. It serves as a thorough assessment of a particular country's economic health as a wide indicator of entire domestic production.
While GDP is frequently estimated on an annual basis, it is also occasionally calculated on a quarterly basis. In the capital goods United States, for instance, the government produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Since each set of data in this report is presented in actual terms, price changes are taken into account and the data is therefore net of inflation.
Learn more about GDP here
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The complete question is
For the purpose of calculating GDP, investment is spending on
a. stocks, bonds, and other financial assets.
b. real estate and financial assets.
c new capital equipment, inventories, and structures, including new house construction.
d. All of the above.
Answer:
Specialization and division of labor improve the production process.
Explanation:
Division of labor can be described as splitting down a cycle of production into separate roles and duties to be conducted by individuals who cooperate. It leads to specialization which separates each part within a system. Therefore both are interconnected. Specialization refers to a production method in which an enterprise or area focuses on producing a limited range of products or services in order to obtain maximum degrees of productivity growth throughout the enterprise or business system. These mechanism improves production standards, leads to greater skills, and result in less fatigue.