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lesantik [10]
2 years ago
10

Economic justice was not a mainstream concept before the Great Depression. The predominant economic theory advocated a laissez-f

aire market philosophy in which markets would fix themselves through unregulated cycles. With the development of industrialization, business cycles became more and more extreme with dire consequences for ordinary people. With the Great Depression, some began to advocate for a change in philosophy.
Match the following advocates with the policy for which they advocated.

Advocates:
John Maynard Keynes
Upton Sinclair
the U.S. Supreme Court
Huey Long

Policies:
"Share the Wealth" movement
large-scale government spending
cooperative ventures
Business
1 answer:
statuscvo [17]2 years ago
3 0

Answer:

1) "Share the Wealth" movement:

[Huey Long]

2)large-scale government spending:

[John Maynard Keynes]

3) cooperative ventures:

[Upton Sinclair]

Explanation:

The Great Depression which was at its peak arround 1930s was regarded as

severe worldwide economic depression which started from United States. In some other countries it started arround 1929. Some advocates advocated some policy for change in philosophy after this, some of the advocates are;

1) Huey Long that as advocates for "Share the Wealth" movement" which started in the year 1934, Huey Long was governor in U.S, and he later became a Senator at Louisiana, his policy was that economy must be stimulated and stressed that there should be massive federal spending as well as wealth redistribution.

2)John Maynard Keynes : in his movement arround

year 1934 call the state for utilization of idle factories as well as land that cooperative ventures has to support the economy

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The Motorola team that developed the Razr cell phone was a good working team because they agreed on the objectives at hand and o
d1i1m1o1n [39]

Answer:

False

Explanation:

Groupthink is when a group of individuals reach a consensus without really weighing the matter, comsequences, or whether you can have other alternatives. Groupthink takes its cue from just desiring not to upset the balance of a group of people. This in no way does not describe the Motorola team that developed the Razr cell phone. They agreed on the objectives at hand and on the best approach to solve the problem.

6 0
3 years ago
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PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

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5 0
3 years ago
Suppose you just won the state lottery, and you have a choice between receiving $2,575,000 today or a 20-year annuity of $250,00
Shkiper50 [21]

Answer:

Ans. rate of return= 7.37%

Explanation:

The easiest way to find this discount rate is to set a MS Excel sheet and use the function "Find Goal". In the attachments, there is a spreadsheet that I got ready for you. There are 2 cells in color, one is yellow and the other one is green. You just go ahead and replace the value of the green cell with any percentage that you want, for example, 2%, then use the function "find goal" and set the objective cell to be the yellow cell (B5), changing the cell in green (B7), and hit enter.

Best of luck.

Download xlsx
8 0
3 years ago
Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded
PIT_PIT [208]

The question is incomplete. Here is the complete question

Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does the quantity demanded for DVRs change if the p rises by $40? A) drops by 10,000 DVRs B) increases by 16,000 DVRs C) drops by 2,500 DVRs D) increases by 4,000

Answer:

Drops by 10,000 DVRs

Explanation:

The demand for digital video recorders is expressed by

Q= 250- .25p+4pc

Where

Q represents the quantity demanded by the customers

P represents the price of DVR

pc represents the price of cable television

Since the factor of p in the expression above is negative, this implies that the quantity of DVR demanded in the market will reduce

If the price of DVR increase by $40, then the quantity demanded will reduce by

= 0.25×40×1000

= 10×1000

= 10,000 units

Hence the quantity of DVRs drops by 10,000 DVRs if the price is increased to $40

3 0
2 years ago
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