Answer:
many reasons
Explanation:
-low GDP
-over 30 million Chinese live below the poverty line, equivalent to half of France's population
-unbalanced growth with some cities spending too much and others not spending anything
Answer:
b.theory of comparative advantage
Explanation:
Comparative advantage theory uses the concept of opportunity cost to measure the efficiency of each firm in producing a good or service. If Company A has a higher opportunity cost than Company B in producing a service, it is best to let Company B perform this service, while A must specialize in another activity. This may apply to companies that have the option of producing components of their final product or outsourcing these components. If the opportunity cost of a third party firm is lower, that firm will be more efficient in producing that component. Then the company can use its time and resources for other activities and purchase the outsourced firm's component. This way, the firm will be allowing another company to do part of the business because that other company is more productive in that particular service.
Answer:
The correct answer is (D)
Explanation:
Peter the Great was the Tsar of Russia between 1682 and 1725. He sought to transform Russia into a great European power, and sucessfully expanded the territory of the Russian Empire through a series of wars against its neighbors.
Worried for what he deemed to be the backwardness of his country, he also launched a modernization program, aiming to Europeanize Russia. He adopted European clothing styles, customs, and manners, and reformed the country's administrative systems such as the Duma and other consultative bodies following European models. He founded the city of St. Petersburg on the shores of the Baltic Sea, and modelled it after other Europeans capitals, with the city becoming Russia's window into Europe. As part of his modernizing drives, he <u>adopted </u><u>mercantilist</u><u> policies to stimulate growth of the economy</u>, in the same vein other Europeans power had done during that time. Peter the Great hoped to improve agriculture by adopting modern practices and to develop a domestic industry. However, due to Russia's economic backwardness and huge size, the mercantilist policies weren't as successful as expected and Russia remained a primarily feudal agricultural state.
While he felt short of his goal of fully Europeanizing Russia, Peter the Great's policies had a huge impact on Russia, transforming it into a major European power.
If The States Population Has Increased.
