To become industrial, a nation must have raw materials, workers
and capital is absolutely true. Without any of the things mentioned, it is
impossible to become an industrial nation. The raw materials are required to
produce the finished product. The workers are the ones that work in industries
to produce the finished proudest from the raw materials. It can be physical as
well as mental labor. Capital is required to buy raw materials and labor for
getting the finished product and make profit.
Answer:
The rate at which money circulates through an economy.
Explanation:
In Macroeconomics, the term velocity refers to the speed at which money circulates in an economy, and it is a variable in a fundamental macroeconomic equation, the quantity theory of money equation:
M x V = P x T
Which states that the price of goods and services is equal to the amount of money in an economy, or its money supply (M) multiplied by the Velocity of circulation of money, which is in turn equal to price (P) multiplied by the number of transactions (T).
Answer:
data governance and management policies.
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
Basically, a data database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. These records are stored and communicated to other data when required or needed.
One of the world's largest management and technological consulting company that provide services such as database management, consulting, strategy and outsourcing is Accenture.
Accenture help businesses implement data governance and management policies in order to ensure their data is trustworthy and reliable.
Answer:
de-industrialization
Explanation:
Deindustrialization refers to the phase of social and economic event caused by the elimination or decrease of industrial base or operation in a region or country, in particular of manufacturing industries or mining. It's the reverse of being industrialised.
It is the opposite of industrialization. Deindustrialization usually happens as it is no longer profitable for a specific industrial activity. It's a phase in which industrial development is eliminated or decreased in a country or area due to a major social or economic transition.
