How do you think the U.S. economy will change as we move closer to a technology-driven service economy?

Q: Give a well explained answer. What's the benefit of expenditure on R&D in an economy.

A: Research and development, or R&D, is the process of discovering and developing novel ideas,…

Q: Why is it difficult for Hong Kong to develop the smartwatches industry?

A: The watch industry has allready been developed in Hong kong but when we talk about smart watch…

Q: Reading Comprehension : Read the text and answer the questions below.   Producers and consumers…

A: The answer provided is on the lines of given paragraph .

Q: Reading Comprehension : Read the text and answer the questions below.   Producers and consumers…

A: Free trade Free Trade occurs when the government does not impose any artificial obstacles to impede…

Q: What are the effects of Globalization on the world economic system? How did it improve the world…

A: Globalization can be defined as a revolution that reflects in the world economy. Globalization…

Q: Reading Comprehension : Read the text and answer the questions below.   Producers and consumers…

A: The trade of goods and services increases over time with the development of technology in the…

Q: What is the impact or effect of values, attitudes and beliefs on technological advancement?

A: Technology is defined as the accumulated knowledge and application of techniques,  skills, methods,…

Q: Can you explain or give me an overview of the chinese economy?

A: By 2020, China's economy, which has experienced exponential expansion in recent decades, will have a…

Q: entrepreneurs, freedom, opportunity, and a little bit of money are to economic growth and…

A: The correct answer is given in the second step.

Q: Now Lebanon is facing an economic downturn. what kind of businesses (platform businesses or pipeline…

A: Lebanon’s GDP fell to $44 billion from $55 billion in 2019. The Lebanon economy was in a downturn…

Q: What are some economic factors driving the new global innovation economy

A: The global economy is made up of all activities that take place both within and between countries.…

Q: What difficulties has Russia encountered in its move from a command economy to a market economy?

A: Before the 1990s the Russian economy was operated as a command economy where all the means of…

Q: How fast is the world’s population growing?

A:

Q: Name four things about our current economic system that would like to change, and briefly explain…

A: Economic system: It refers to the system under which government will try to provide resources to all…

Q: highlight the global economy's movements during the last three decades. What are the ramifications…

A: Globalization: It refers to the trade between different countries that help the firms to grow. The…

Q: What are the factors

A: Outer environment factors are components that exist beyond a company's inner environment that can…

Q: Why are young entrepreneurs crucial to the Philippine Economy?

A: Over the past years, Philippine's Economy has experienced a major remarkable transformation. In…

Q: Reading Comprehension : Read the text and answer the questions below.   Producers and consumers…

A: The trade enables the country to consume variety of goods and services. It increase the consumer…

Q: why the Nobel Prize in Economics in 2020 was awarded to Paul Milgrom and Robert Wilson

A: The Nobel Prize in Economics in 2020 was awarded to Paul Milgrom and Robert Wilson for their work on…

Q: if you had to choose to be either an entrepreneur, an intrapreneur, or an employee right now, which…

A: An entrepreneur is a person who starts a business by taking risks in hoping to return of profit.

Q: What has happened to real GDP per person in the industrialized countries over the past century? What…

A: The GDP per capita is an approximation of the total amount of goods and services available per…

Q: What does productivity growth has to do with economics?

A: One of the key sources of economic growth and competitiveness is the term called Productivity due to…

Q: What will be the impact of the changing demographics on U.S business and economy ?

A: Because of changing demographics,U.S business and economy would develop at a faster rate.

Q: The correct statement is: * The product life cycle is faster in more developed and developed…

A: Product life cycle refers to the period starting from when the product is introduced in the market…

Q: Choose one theory of economic development and draw/graph/write an economic model that described this…

A: Linear stages theory - This a historical growth model given by Walter Whitman Rostow in 1960. His…

Q: Explain the advantages of Islamic economics

A: The core concepts of Islamic economics are taken from the Holy Quran, and are backed up by hadith…

Q: Reading Comprehension : Read the text and answer the questions below.   Producers and consumers…

A: Answer below is given on the lines of above paragraph .

Q: Why do companies need to engage in the circular economy ?

A: Organization refers to a company that provides employment to people. An organization provides goods…

Q: Why have some countries not industrialized?

A: Most economies start growing from agriculture and then to the secondary sector. When the economy is…

Q: Write the summary of following paragraph BACKGROUND The phenomenon of internet-based business is…

A: Tax: It is the income of the government which is used for the development of the economy. More taxes…

Q: What impact does technological change have on the economy?

A: Economic growth has three main indicators technological advances, capital accumulation, and increase…

Q: The table sets out the demand and supply schedules for potato chips. Price (cents per bag) 60 80 100…

A: Demand Curve: A demand curve is a graphical representation of the relationship between the price of…

Q: Why do most economies in the world today operate somewhere in between a market economy and a command…

A: A free-market economy means the economy where the market is run by the forces of demand and supply.…

Q: What makes a city a global city?

A: Answer is given below