Answer:
In 'specialization' , works tend to be divided among workers depended on their specific skill set. By doing this, the overall time needed to complete the work will become much more efficient.
For example, in lawn care business, there generally 2 main things to do.
- Get rid of unwanted debris (which require more physical power)
- Create an artistic cut to make the lawn more aesthetically pleasing (which require an art-related talent).
<u>Using the concept of specialization</u> , peter and Nicholas need to decide which one of them is the one that more prominent in one aspect of the job. After they decide it, they can focus on doing that thing alone between houses and reduce the overall time needed to complete the job.
<u>As for expanding the job to more houses,</u> the only thing they can do is to hire more workers with that specific specialization skill sets. By doing this, they can finish more lawns without having to be physically present and spend their own time.
Free market is run by the firms and households mainly. They control where resources are allocated, to which products production. There is minimal or no government intervention in the Free market economy. All the government can really do is policing, maximum.
Social market economy is like a combination of planned economy and free market economy, run by all three: households, firms and the government. The government has more power in this, it can do more things, it has more control. There is more government intervention in this economy than in a free market economy.
Answer:
The answer is participant observation.
Explanation:
Participant observation is a research method in which the researcher engages in the activities of the participants. The researcher assumes the role of the studied group, and takes note about the experiences.
This type of method is especially useful when studying foreign cultures and other out-groups. This way, the researchers may experience certain aspects of the group first-hand (e.g. social relationships or tacit rules).
Answer:
The tax cuts for individuals in the new law President Donald Trump signed in December are the result of lower individual tax brackets, which raise the amount of income that's taxed at the new lower rates. The standard deduction that's claimed by about 75 percent of taxpayers is also doubled (but the old personal exemptions are eliminated).
The city "Constantinople" was attacked by vikings on the Black Sea.
"In 941 the Rus launched a disastrous attack on Constantinople. With the Byzantine army and navy once again gone from the city, a fleet of 1,000 ships descended upon Constantinople only to be done in by 15 old dromons fitted with Greek Fire projectors that set the Viking ships ablaze."
