Transportation: A Global Supply Chain Perspective
9th Edition
ISBN: 9781337406642
Author: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle
Publisher: Cengage Learning
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Chapter 1, Problem 7SQ
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To determine: The technology which is required to have a micro and macro level impact on economic development?
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Technology may have a macroeconomic and microeconomic effect on economic growth. What types of technologies are needed to have such macroeconomic consequences? On a micro-level?
Energy, food, and water are frequently cited resources that are critical for economic development. Explain the importance of each one to economic development. What disparities exist among countries with respect to these three resources? How can these challenges be resolved?
What is the best way to leverage technology transfer to lower carbon emissions? Give some instances, please.
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Transportation: A Global Supply Chain Perspective
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In the history of the economy, there has been an understanding that the government does not need to intervene directly in economic activities. The economy is only based on market equilibrium (classical/micro economics). This understanding gave rise to the Great Depression.
A. Retell the series of events of the great depression until an understanding emerges that there must be direct government involvement in economic activities!
B. Give an analysis, what was the main cause of the great depression, even though at that time there was a very significant increase in production?
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2. What is the importance of economic diversification?
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what are challenges that Relatively small Enterprises could ecounter should they decide to get their supplies from international markets
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