Answer:
Refer below.
Explanation:
Amartya Sen, a professor of economics at Harvard and a Nobel Laureate, has argued: "For India to match China in its range of manufacturing capacity... it needs a better-educated and healthier labor force at all levels of society." Source: Amartya Sen, "Why India Trails China," Wall Street Journal, June 19, 2013. Education and health care are important for economic growth because:
India has had the option to encounter fast financial development since 1991 regardless of poor instructive and human services frameworks on the grounds that can accomplished a solid workforce has higher efficiency.
The legislature downsized focal arranging, diminished guidelines, and presented advertise based changes.
Stocks Represent Ownership
Shares of common stocks represent ownership in the company.
Voting Rights
Attached voting privileges are a characteristic of most common stocks.
Common Stock Value
Hypothetically, the value of stocks has no ceiling.
What do you mean by that. ususlly, the debit side is also called the left side :/
Answer:
Bargaining power of raw material suppliers goes down.
Explanation:
Companies, buyers of raw materials in this case :- are readily able to switch to other company for raw materials. This implies that buyer companies have many substitutable sellers for raw materials. This makes their demand highly elastic i.e highly respondent to price, moves from dearer to cheaper suppliers alternatives. So, raw material sellers / suppliers have low bargaining power in this case, as they are in easily substitutable position & their buyers have elastic demand.
