<span>C.K. Prahalad was a teacher at the University of Michigan and very influential business thinker.</span><span>
According to C.K. Prahalad, the first stage of globalization is </span>when companies produce goods in one country and export them to other countries.
The second stage is when global businesses establish subsidiaries to handle the exports from their home country and at the third stage global firms set up operations in other countries.
Sprint goal is the output from sprint <span>planning that provides the development team with a target and overarching direction for the sprint. The development team usually is committed to achieve the sprint </span>goal<span>. These goals are the result of negotiation between the owner of the product and the development team.</span>
Answer: C. real GDP = $6.0 trillion and aggregate planned expenditures = $4.0 trillion
Explanation:
Unplanned Inventory arises when Real GDP is larger than Planned Expenditure because it must satisfy the below formula,
Real GDP = Planned + Unplanned expenditure
For Option C,
Real GDP = 6.0 trillion,
Planned expenditure = 4.0 trillion
Unplanned Expenditure = Real GDP - Planned Expenditure
= $6.0 trillion - $4.0 trillion
= $2.0 trillion
Therefore Option C is correct as it led to a $2.0 trillion increase in Expenditure which translates to inventory.
Answer:
1. The Gilded Age is referred to as the period between 1870 and the early 1900s. It was an era characterized by rapid industrialization, laissez-faire capitalism, and zero income tax. Capitalists resisted government intervention and Captains of industry like John D. Rockefeller and Andrew Carnegie made fortunes.
The government on the other hand began to seriously shape labor policies
The Laissez-Faire (which is derived from the french word let them be or let them do what they want) was a combination of free-market ideologies, limited government intervention, and social Darwinism.
The liberals also resisted the government's initiatives to made lives better for citizens. They believed that by intervening in the social condition of people, they (especially the African Americans) would not be able to attain their full economic potential which can only be done through competition
Another policy that they imbibed was one that promoted the ability of the individual and the business owner to freely enter into labor agreements
2. These liberal policies enabled businesses within that region to expand as entrepreneurs were able to take more risks and invest within the economy
It provided people with the greatest incentive for capitalists to create wealth. This is one of the reasons the economic boom happened.
3. One major similarity between the economic policies in the Jacksonian Era and those of the Gilded Age is that they both promoted liberal trade.
One major feature of the Jacksonian economy is that it triggered a high level of the inflationary boom between 1832 and 1837. This inflationary condition is said to be the fall out of mismanaged policies throughout the administration of President Andrew Jackson.
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