Answer:If I have a ticket to visit anywhere in the world, I would consider going to Germany
Explanation:
If I have a ticket to visit anywhere in the world, I would consider going to Germany. My reason for considering Germany is based on my interest in learning about automobiles, which they are one of the best producers in the world. When I get there I would locate the Volkswagen factory and talk to some person's on how I can enroll to become a trainee for sometime inorder to learn what revolves around the production of a car.
Colours from shortest to highest wavelength
They already had Britain as an example as what to do and had Britain's inventions so they didn't need to invent anything, just use the inventions Britain thought of
Answer:
Remember:
- The economy runs on money and doesn't like uncertainty
- A recession is when the economy takes a really big hit
- When a business closes - especially a big one - money is lost
When a business closes, consumers have to spend their money in a different sector, or they end up saving what they were expected to spend. This causes a fluctuation in the markets, something the economy doesn't like. For example, right now, many businesses are temporarily shutting down, while others are closing permanently. This has caused the economy to spiral downhill because the money flow has changed. People are no longer spending money on things like entertainment, and are instead stocking up on essentials. However, other people can't pay their staff's wages and are considering closing their businesses. When one business closes, the workers aren't getting paid, the consumers aren't spending money, and the economy get's nervous. I hope this makes sense :)
NAFTA - North American Free Trade Agreement created a larger scope of free trade covering United States, Canada and Mexico.
Explanation:
Major positive impact of this agreement is that it tripled the trade profits of Canada, Mexico and United states. It also removed tariffs which weer considered to be the international barriers. It increased the economic output which resulted in economic growth up to 0.5 % every year. Also Foreign investments are attracted. US oil imports from mexico was considered to be beneficial as there were no tariffs imposed by US. This had a major impact on the economy.
The transportation costs lowered due to low gas price and the food prices were also marginalized. Each nation's government contracts became available to the major suppliers which increased competition and lowered the costs.
The negative impacts are, this agreement favored import and export industry but many labor oriented industries suffered a lot which included manufacturing, textile and electronic appliances due to which many started to migrate. The companies started to reduce their wages if they refused to work for them.
NAFTA agreement totally eliminated in doing good to the farmers. It subsidized the farm products and the farmers could not make profits due to the lower farm prices which forced them to search for many other illegal jobs. They plunged into poverty and starvation.
The next impact is the degradation of the environment in Mexico. Farmers used many chemicals and pesticides to increase the production at that short period of time which resulted in unhealthy foods and deforestation resulted in global warming. No safety standard followed by the Mexican truck transport.
