The transition economy might have problems with rising unemployment, inflation, lack of entrepreneurship and skills, corruption, lack of legal system, moral hazard and inequality. With these problems that the transition economy will have, it might turn foreign investors and will not invest.
This is False.
Explanation:
- The authority of the famous Song Dynasty in China was one of the most important in Chinese history in terms of civilization achievements, and has left a large mark on the entire world. Namely, it was during the Song Dynasty that the first state-level printing of paper money came to China, and for the first time, the north was also defined using a compass. Furthermore, the oldest record of the method of making gunpowder has been preserved from the Song Dynasty. In fact, in the Song era gunpowder came into use, both for military and pyrotechnic purposes.
- The Song Dynasty was founded by Emperor Taizu, who had previously been a military commander. He took a very wise act upon coming to power - he gave a wealth of compensation to the members of the former imperial dynasty as well as to military commanders, thus somehow retiring them. With this he ensured peace and stability in the country.
- The Song Dynasty gave a number of capable rulers, who managed to avoid deviations typical of imperial rule, such as decadent extravagance and cruelty. The Song dynasty lasted until the Mongols, descendants of the famous Genghis Khan, conquered China.
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The answer is C. Stock Exchanges
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In telecommunication, it is hard to deal with as it involves communication and interactions with other people. The major concern about employees and managers is that because of it's difficulty, it makes managers lose their control to their employees that could complicate things and affect the people working in the area. That is why it is the major concern in telecommunication.
Coins - money
Gift card - money
debit card - money
checks - money
currency - money
credit cards - credit
loans - credit
Anything is considered money (or can be used as cash) if the amount is readily available (the balance on a gift card has already been paid for or the money in the bank covers the amount of the check)
Anything is considered credit if you can take the item now and physically pay for it later (buy on credit card and take the merchandise but then pay the credit card off at a later time)