Answer:
The answer is the enlightenment effect.
Explanation:
The name is an analogy to the Age of Enlightenment in history. During this period, philosophers and scientists circulated their works through books, journals and scientific meetings. Some consider Isaac Newton's <em>Principia Mathematica</em> to be the first work from this period.
The Enlightenment viewed reason and sensorial evidence as the primary source for knowledge.
The name of the effect from the example thus implies that a research can be circulated world-wide and raise awareness of any given behaviours.
Answer:
Prices are often volatile due to inelastic demand. e.g if there is a ‘good harvest’, supply will increase and there will be a fall in the price of primary products. However, because demand is inelastic, this would lead to a fall in revenue.
coffee-supply-price-growers
The volatile price of coffee – can make planning difficult.
Supply can also be volatile due to weather and disease. For agricultural crops, there is always a risk of crop failure, which could cause economic hardship in one particular year.
Limited resources. One day developing economies may run out of its finite primary products, e.g. precious metals could become scarce. Without diversification, this would leave the economy with a void.
Discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute towards a lack of investment in other aspects such as education and industrial production. Comparative advantage can change over time. It’s important to not just look at the present comparative advantage, but prospects for next 10 or 20 years.
There is a low-income elasticity of demand for primary products. With a rise in global income, there is a proportionately smaller percentage rise in demand for primary products. (agricultural products tend to be income inelastic). Therefore, if you produce primary products, you may see lower rates of economic growth than countries who produce manufacturing goods – which are more income elastic. The Prebisch-Singer hypothesis suggests that countries who concentrate on primary products are vulnerable to a declining terms of trade.
There are 5 points
Hope it helps!!!
Answer:
Don: Because he wasn't interested
Explanation:
(He turns to the faces in the group, his face taut and serious)
The statement "Lobbyists have to file more detailed and frequent reports of their activities, pay, and expenses" best completes this diagram.
<h3>What is Lobbying?</h3>
This refers to act of communicating with the government with a purpose of influencing their action.
Here, the statement "Lobbyists have to file more detailed and frequent reports of their activities, pay, and expenses" best completes this diagram.
Therefore, the Option A is correct.
Read more about Lobbying
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Answer:
1.5 million each year
Explanation:
In 2018 1.5million died that year from tuberculosis.