Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Discuss about Modern economic growth
Modern economic growth is also a shift in the kinds of things we do at work and play and in the way we live. Back in immediate aftermath of the Civil War perhaps half of all Americans were farmers. Today less than 2% of American workers are farmers and farm laborers: there are more gardeners, groundskeepers and growers and maintainers of ornamental plants in America today than there are food-growing farmers and farm laborers. Americans in the second half of the 19th century traveled by foot, by horse, by wagon, by train and by riverboat. American at the end of the twentieth century traveled by foot (rarely), bicycle (rarely), automobile, bus, train, boat and plane. Most Americans in the second half of 19th century were literate. However very few had finished anything like what we would call high school. Modern economic growth is the large-scale shift of employment from agriculture to manufacturing and now to services. In addition modern economic growth is the creation of large business organizations. Back at the start of the 19th century, a business with 100 people was a very large business organization for its time indeed.
Price elasticity is used in economics to determine the changes in price of goods and services. It measures the change in price demanded and quality supplied. Determinants of pri
explain the fundamental task of economic system usin tomatoes as an example
Externalities: Many economic activities have collateral effects (at times positive, but more often negative) on other people who aren't directly involved in that activity. Illustra
what is the explanation about supply analysis?How to understand?
short run equilibrium of the industry
Given the following demand and total cost functions for a firm P = 4500 - 0.5Q 2 TC = 1.5Q 3 - 50Q 2 + 1000 i) the marginal profit function
The Industry's Long Run Supply Curve * The Effects of Tax - Earlier we studied how firms respond to taxes on an input. - Now, we will consider how firm responds to tax o
yt =a+fyt-1 +ut, ut =et +?et-1, where et is independent white noise assume the process is stationary. Will OLS generally provide you with consis- tent point estimates of f? Can y
An economics branch which keep concentrate on illumination the economic decisions people make in practice, particularly when these conflict with what conventional economic theory p
Rationale for government intervention There are six major functions the government can perform in an economy. 1. The government provides a legal and social framework within which
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd