1. what is multicuturalism? 2. how does multiculturalism affect the economy and global business?

Q: Discuss why trade blocs have come to dominate the world giving examples

A: Trade blocs such as EU have dominated the world.

Q: Who first developed the theory that the size of the market would encourage specialization and lead…

A: Specialisation and higher productivity principle was introduced by classical economists.

Q: Accumulation of capital and change in technology bring economic growth, which means that the PPF…

A: The Production Possibility Frontier is the locus point of all the different combinations of the two…

Q: How do the tools of colonization affect business relationships?

A: Colonization refers to the situation when a country is captured by another country and ruled the…

Q: 6. Reread the Country Focus on moving white-collar jobs offshore. Who benefits from the outsourcing…

A: Outsourcing refers to the situation where the domestic country completes the work by using the…

Q: can fair trade or other types of ethical consumerism make a big difference for the global South…

A: Fairtrade is the international body that is developed to help the producers of the countries and…

Q: Richland: Wheat f. In which product does Prosperity have a comparative advantage? Prosperity: Wine…

A: Production possibility: - production possibility shows the different combinations of output that can…

Q: Cosmopolitan democracy is one of the ideas propounded in the wake of globalization. What does it…

A: The process through which the world becomes interconnected due to a massive increase in cultural…

Q: List what kinds of changes happened to North America and to those who inhabit there from the 19th…

A: After 1776 American economy became a independent economy , many years ago people settle in America ,…

Q: 1. Do you think Metro Manila qualifies as a global city? 2. What do you think are the problems that…

A: A global city has huge aggressive benefits and serves as a hub in a globalized monetary system. They…

Q: 2.3.3 Quiz: Industrialization and the Economy Question 8 of 10 According to Adam Smith, why were…

A: Introduction: Mercantilism: Mercantilism was a billboard financial system that existed from the 16th…

Q: Identify a concept on your own from Douglas North and explain it in your own words. You need to…

A: Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts for…

Q: Is globalization leading to cultural convergence (i.e., grow similar over time)? If so how?

A: The cultural convergence states that the cultures will become more and more similar when the…

Q: in your own words , summarize the relationship of science and technology, social , cultural,…

A: Answer: Science brings innovation through experiments research and the process of innovation and…

Q: How do inequalities result in conflict? How have people overcome these conflicts to address peace…

A: Disparities in income and wealth are referred to as economic inequality. These distinctions can be…

Q: educational institutions help further in the preservation of our history and culture?

A: Culture: The qualities and knowledge of a particular group of people comprising language, religion,…

Q: what are mercentalist view on the trade

A: Mercantilism is founded on the idea that the world's wealth is constant, hence many European…

Q: Why are the world lodging business growing at the rate of about 2.5 percent per year in normal…

A: Business can be profitable. For the business to be profitable, firms have to understand and analyze…

Q: hat are some of the economic problems Filipinos face in the present time? What needs to be done?

A: Unemployment , inflation, low growth , deflation , stagflation ,poverty ,income inequality etc are…

Q: how often,does globalization improve the lives of people in poor countries? A. always B. sometimes…

A: Globalization refers to the operation of businesses and trade at the international level with the…

Q: Write a 5 sentences essay about the socio-economic issues that the country (Philippine) is…

A: The challenges that socioeconomics addresses, as well as the elements that have a detrimental impact…

Q: 5. Read the scenario below: A local board of education is preparing the budget for the next fiscal…

A: First, three principles of economics are: 1.Resources are limited. 2.Human wants are unlimited 3.…

Q: hat scientific and technological discovery or innovation made during the period 1945 to 1982…

A: The industrial and technological history of Canada holds the development of the country in the areas…

Q: or service must find another person who is able and willing to make an exchange Exercise 1.…

A: 1. Concept An economical system is a method by which communities or gov'ts organise and distribute…

Q: How do you think Australian culture differs from other continent's cultures? Provide relevant…

A: Every country is distinct in terms of culture, social conventions, geography, food, and climate, but…

Q: How does the capitalism economy give to the communities?   How does the capitalism economy take away…

A: Capitalism refers to the market form where people are allowed ti make economic activities according…

Q: If we could produce all the food we need in our own backyards, and if technology were so advanced…

A: The main driver of the financial or economic issues is a shortage and scarcity. The shortage is…

Q: Most economies in the world are built in a way that both the government and the private sector make…

A: Different types of economic systems are: Capitalist economy: In a capitalist economy, items are…

Q: advantage can also be The comparative demonstrated with agents rather than countries. Let's say that…

A: Comparative advantage refers to the ability to produce goods and services at a lower opportunity…

Q: Socialism Vs. Capitalism, which economic system do you prefer and why? Give real life examples.

A: Socialism is a social, political, and economic philosophy that encompasses a variety of economic and…

Q: How do we establish an economic Equivalence.?

A: Economic equivalence is establishing or converting the cash flow values in to present value, future…

Q: Оuestion 1: In short, how is it that Nations Prosper according to Adam Smith?

A: Adam Smith in his book "Wealth of Nations" in 1776 explained that individual self-interest behavior…

Q: What is the reason for increasing opportunity costs? Why do the production frontiers of different…

A: What is the reason for increasing opportunity costs? Answer: Opportunity cost is the value of the…

Q: economic system where the market mechanism solves the central economic problems Oa. Market…

A: A Market economy is that economy where economic decisions like production, consumption, distribution…

Q: Explain the U.S.'s growing population. How will the changes affect the difficulties and obstructions…

A: The world's population is growing every day. Various nations across the world are dealing with…

Q: 1.Does it mean the integration of economic, political, and cultural systems around the world? 2.Does…

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: 4. Which of the following is a more attractive place to do business? a. A nation that lacks…

A: Several internal and external factors can have an impact on business operations, either directly or…

Q: table 1 shows that region IV A or Calabar Zone has the greatest population compared to other regions…

A: Luzon is the most populous of the Philippine Archipelago's three island groups. The Luzon mainland,…

Q: More than 200 years ago, Adam Smith argued that the wealth of nations depends upon gains from (a)…

A: The view of Adam Smith is correct that the wealth of nation is associated with the gain from the…

Q: What is the connection of globalization to each word? (Explanation for each word); a.…

A: The process which depicts integration and interaction among companies, people, and governments…

Q: (A)  what percentage of this total was produced by the three largest economies shown in this bar…

A: Given, Total output = $80 trillion GDP of a country refers to the value of final commodities and…

Q: How are the natural and technological environments linked?

A: Natural environment includes all the living and non-living things that are occurring naturally.…

Q: 1)What are the matters directly related to comparative economic systems? Discuss whether different…

A: Disclaimer:-  Since you posted a multiple questions  we are solving the first one .         We know…