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riadik2000 [5.3K]
2 years ago
10

How does the Hockey Stick of Human Prosperity demonstrate changes to economies? Include at least two

Business
1 answer:
Phoenix [80]2 years ago
3 0

Based on the Hockey Stick of Human Prosperity, two changes to economies include:

  • Reduction in child mortality.
  • Increase in life expectancy.

<h3>What is the Hockey Stick of Human Prosperity?</h3>
  • Refers to the fact that since the industrial age, humans have become richer and more prosperous.
  • This is in contrast to the time before the industrial age where most people were poor and suffered from diseases.

As a result of the rise in human prosperity, there is less child mortality than before, and people can now live to be significantly older than they used to in the past.

In conclusion, humans are more prosperous now.

Find out more about the Industrial Age at brainly.com/question/13323062.

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Possibly that pay is too high?
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3 years ago
Discuss the merits and demerits of lepidopteran insects of crops production​
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Explanation:

The Lepidopteran are species that have a wide range of adaptation in the insect world. They have an important part in the natural ecosystem where they are primary pollinators along with being considered as food in the food chain. These are for example the butterfly and moth categories.

Merits: Several Moth and butterfly species are considered to be beneficial where the economic interests are taken in regard. They are good pollinators and are major sources of silk production. In addition, they also pollinate the agricultural flowers.

Demerits: On the contrary, the caterpillars hatching from the eggs of butterflies can be considered as harmful towards large quantities of crops. They feed on these crops and also lay their eggs in there which in turn makes the crops harmful for human consumption.

8 0
3 years ago
Which of the following is not one of the four components of the business process
FrozenT [24]
Do you have a list of the components? 
4 0
3 years ago
The nations of Pamland and Lillytonia can produce two goods, DVD
vampirchik [111]

Answer:

The best deal would be option B) that is

Lillytonia sells 1/4 bushels of wheat to Pam land and gets 1 DVD player in return.

Explanation:

STEP 1

The output of DVD per unit of labor for Pamland = 150.

The output of Bushels of wheat per unit of labor for Pamland= 300.

The output of DVD per unit of labor for Lillytonia = 200.

The output of Bushels of wheat per unit of labor for Lillytonia= 600.

STEP 2

To calculate the comparative advantage, we use the following formula:

Comparative Advantage = DVD Output / Wheat Output

STEP 3

In Pamland, the opportunity cost, or the comparative advantage, of DVD is

300 / 150 = 2 bushels of wheat.

The opportunity cost of wheat in Pamland is 120/ 300 = 0.5 DVDs.

In Lillytonia the opportunity cost, or comparative advantage, of DVD is 600/200 = 3 bushels of wheat, while

The opportunity cost of wheat in Lillytonia is 200/600 = 1/3 or 0.33333 DVDs

STEP 4

As is clear from the calculations, Pamland should produce more wheat because it has the lower opportunity cost during production 2 against 3 for Lillytonia. Conversly, Lillytonia has the lowest opportunity cost for the production of DVD clocking 1/3 against a higher 1/2 for Pamland.

The countries should therefore trade in such a way that Pamlan is selling it's Wheat while Lillytonia is selling it's DVDs.

STEP 5

Given that Pamland's 2 bushels of wheat will cost it 0.5 DVDs, 4 bushels will thus cost it 1 DVD. It is impracticable (in any case) to have 1/2 of a DVD player.

Cheers

7 0
2 years ago
Over the past century, real gdp per person in the u. s. has grown about _____ percent per year, which means it doubles about eve
Nadusha1986 [10]

Over the past century, real GDP per person in u. s. has grown about <u>2</u> percent per year, which means it doubles about every <u>35</u> years.

GDP measures the monetary value of final goods and services—that is, the ones that might be sold with the aid of the final consumer—produced in a country in a given time frame (say 1 / 4 or 12 months). It counts all the output generated inside the borders of a country.

Gross home product is the economic degree of the marketplace price of all the final items and services produced in a selected term by using nations. because of its complicated and subjective nature, this degree is regularly revised before being taken into consideration as a dependable indicator.

GDP may be calculated by using adding up all of the cash spent by using purchasers, businesses, and the authorities in a given length. it could additionally be calculated by including up all of the money obtained by way of all the contributors inside the financial system. In either case, the range is an estimate of "nominal GDP."

Learn more about GDP here brainly.com/question/8342414

#SPJ4

6 0
1 year ago
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