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3 years ago

In what ways has Marxism ideology influenced America’s workers?

Business

2 answers:

lilavasa [31]3 years ago

5 0

Answer:

Samuel Gompers saw the power in the collective voice of the oppressed worker.

-Gompers understood and leveraged the revolutionary power of angry, poor workers.

-The workers needed a voice to demand sustainable living and working conditions and by banning together they had that voice.

Mashutka [201]3 years ago

4 0

The Marxism ideology is based on the practices of Communism. And based on this, how this influenced America's workers include the following:
-<span>Samuel Gompers saw the power in the collective voice of the oppressed worker.
-</span><span>Gompers understood and leveraged the revolutionary power of angry, poor workers.
</span>-The workers needed a voice to demand sustainable living and working conditions and by banning together they had that voice.

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The country of Yokovia does not trade with any other country. Its GDP is $20 billion. Its government collects $2 billion in taxe

nikitadnepr [17]

Answer:

(a) $3 billion

(b) -$1 billion

Explanation:

All are in terms off billion

Y = 20

T = 2

C = 15

I = 2

we know that Y = C + I + G

20 = 15 + 2 + G

20 - 17 = G

G = 3

So the value of the goods and services purchased by the government of Yokovia = 3 billion

Public saving = T - G

= 2 - 3

= - 1 billion

8 0

3 years ago

Sometimes labor unions try to increase the demand for the product they produce. They do so because the demand for labor is deriv

dybincka [34]

Answer:

c. higher; higher the demand for; higher.

Explanation:

Labor Union

A labor union is also known either trade union and workers' union and the organisation is a representation of the interests of workers or employees. Some specific functions and objectives of labor unions is to unit the workers and speak on their behalf on issues surrounding availability of work, wages, benefits and all other work conditions. Unions are most often grouped according to specific industries.

Based on the specific objectives of labor unions as mentioned, it is the interest of labor union to fight for higher wages as well as more demand for labor. Higher wages means higher conditions of living and more demand for labor means more employment opportunities. Therefore, making efforts to increase product demand will have ripple effect on demand for labor was well as higher wages.

Therefore, the higher the demand for the product labor produces, the higher the demand for labor and the higher wages will be, ceteris paribus

4 0

4 years ago

Management expert peter drucker said the most important factor of production in our economy is, and always will be,.

Fiesta28 [93]

Business consultant Peter Drucker said that the most important factor of production is knowledge.

5 0

2 years ago

Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions

Bond [772]

Answer:

1. Suppose Quantity of Apple sold in year one & two = 100Kg.

Price in year 1 = $1.50 per kg

Price in year 2 = $3.00 per kg

Nominal GDP 1 = Price * Quantity = 1.50*100 = $150

Nominal GDP year 2 = 3*100 = $300

Change in Nominal GDP = $150

Percentage change in Nominal GDP = 100%

b. Real GDP of year 1 = Nominal GDP of year 1 = $150

Real GDP of year 2 = 1.50*100 = $150

Change in Real GDP = 0%

2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units

a. Nominal GDP year 1 = 1*100+1.5*100 = $250

Nominal GDP year 2 = 2*100+3*100 = $500

Percentage change in Nominal GDP = 500-250/500 * 100 = 100%

b. Real GDP year 1 = $250

Real GDP year 2 = 1*100 + 1.5*100 = $250

Percentage change in Real GDP = 0%

6 0

3 years ago

Exercise 8-07 At December 31, 2019, Pharoah Company Company had a credit balance of $18,100 in Allowance for Doubtful Accounts.

Alja [10]

Answer:

Entries are given below

Explanation:

DATA:

Opening Balance in the allowance for doubtful debt = $18,100

During 2020 Pharoah company wrote off accounts totaling 12,900

Entry DEBIT CREDIT

Allowance for Doubtful Accounts $11,800

Accounts Receivable $11,800

At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $23,700

Entry DEBIT CREDIT

Bad debt expense $17,400

Allowance for doubtful debt $17,400

Working

Balance before adjustment = $18,100 - $11,800

Balance before adjustment = $6,300

After Aging schedule indication

Adjustment = $23,700 - 6,300

Adjustment = $17,400

3 0

3 years ago