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Economy

Industrial Revolution

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Industrial revolution Started in Britain because: Easy access to raw materials Agricultural Revolution entrepreneurship very stable economy Had a strong bank Has large colonial system Enclosure movement Poor had to find another way to feed family Mining and Forging Coal is more powerful than water Iron is stronger and more powerful than wood Innovations make steel feasible Bessemer process- strong flexible steel. England becomes heavily reliant on coal Richard Arkwright: ?Pioneer of the Factory System? First millionaire Invented the water frame Industrialization Starts in the textile industry 1851 Crystal Palace exhibition For the British worlds fair The 19th c Bourgeoisie The industrial Nouveau Riche Worked for their money by investing New money

4.4 Notes (APHG)

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Threat to Folk Culture Fear loss of folk culture; wish to maintain traditional values/customs Long established history, change of identity. Folk custom change slowly over time. Increased economic developed = money to buy new popular customs. More technology and communication. Global networks of trade and communication. The more a country develops, the more they gain to popular customs. Loss of traditional values & increase of Western values (US, Western Europe, etc. are the sources of pop culture Cultural imperialism ? dominance of one culture over another Loss of Traditional Values Asia and Africa ? contrast of urban business/gov?t workers and rural farmers in terms of clothing

Chapter 2 Economics Summary

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AP Economics Chapter 2 Review/Summary Economics deals with choices. In this chapter we have examined more carefully the range of choices in production that must be made in any economy. In particular, we looked at choices involving the allocation of an economy?s factors of production: labor, capital, and natural resources. In addition, in any economy, the level of technology plays a key role in determining how productive the factors of production will be. In a market economy, entrepreneurs organize factors of production and act to introduce technological change.

Supply and Demand Lecture Notes

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Supply/Demand Notes (In-Class Lecture) Demand- Demand: The amount of a good/service that consumers are willing and able to buy at a given price and time. Price is a big factor is quantity demand; lower prices means the demand is higher, while higher prices means the demand is lower Example: Polo Shirts at $18.99 = Higher QTY. Demand Polo Shirts at $38.99 = Lower QTY. Demand Lower prices mean more buying^^ Law of Demand: An increase in a good?s price causes a decrease in qty. demanded Elastic Demand: A small change in price which affects qty. demand Example: Fast Food Coupons that are given out via mailing (restaurants experience more qty. demand/customers during this time because of lower prices the coupons offer) *Are all goods considered elastic?

Chapter 6: Markets, Maximizers, & Efficiency Notes

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Economics Chapter 6: Markets, Maximizers, and Efficiency Start Up: A Drive in the Country Suppose you decide to take a drive. For purposes in this example, we?ll assume that you have a car, that the weather is nice, and there?s an area nearby that?ll be perfect for the drive. Your decision to take a drive is a choice. Since economics deal w/ choices, we can put econ. To work in thinking about it. Economists assume that people make choices that maxes utility Utility is the satisfaction you gain from your use of goods/services and from activities you do You plan to enjoy the drive; the enjoyment is the benefit you expect. But, you?ll give up some things as well.

Chapter 5: Elasticity: A Measure of Response Notes

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Economics Chapter 5, Elasticity: A Measure of Response Notes Start Up: Raise Fares? Lower Fares? What?s A Public Transit Manager To Do? Imagine that you?re the manager of a public transportation system for a large area. Costs of operating have soared in the last few years, and you?re under pressure to boost revenue. What do you do? An obvious choice is to raise fares; that?ll make customers angry, but it will generate the extra revenue you need.. Or will it? The law of demand says that raising fares will reduce the number of passengers riding on the system. If the number falls only a little, then the higher fares that your remaining passengers pay might produce the higher revenues you need

work_culture

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Tutorial Discussion Notesheet Student Name: KEUNG Ying Chun Michael Student UID: 3035276294 Type your notes in this box. This box must be no more than half an A4 page. Do not use full sentences in your notes. Last semester, quite a few students were penalized for reading sentences straight from their notesheet. Use point form, Times New Roman font 12, single spacing. ? Good work-life balance in my country? ? NO ? Work culture ? High competition (24%) higher productivity needed ? Hard work ethics (23%) cultural factor ? Lack of understanding of importance of work-life balance (23%) mental health ? Initiatives to work provided by employers (58% used) not high enough ? Flexible working time ? Extra paid leave ? Personal leave or breaks

AP Human Geo CH 9 Bank

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1 Copyright ? 2014 Pearson Education, Inc. The Cultural Landscape, 11e (Rubenstein) Chapter 9 Development 1) Which is the least developed region among the following? A) North America B) Eastern Europe C) Southwest Asia D) Western and Central Europe E) East Asia Answer: C Diff: 1 Bloom's Taxonomy: Knowledge Geog. Standard: 11 Section: 9.1 A Decent Standard of Living Learning Outcome: 9. 1: Identify the HDI standard of living factor. 2) The total value of the output of goods and services in a year in a country is its A) gross national income. B) primary economic sector. C) productivity index. D) value added. E) gross domestic product. Answer: E Diff: 1 Bloom's Taxonomy: Knowledge Geog. Standard: 11 Section: 9.1 A Decent Standard of Living

Accounting Chapter 3

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Claudia Bienias Gilbertson, CPA Teaching Professor North Hennepin Community College Brooklyn Park, Minnesota Mark W. Lehman, CPA Associate Professor Richard C. Adkerson School of Accountancy Mississippi State University Starkville, Mississippi General Journal ?VV??????}Century 21 gil47657_fm.indd Sec1:igil47657_fm.indd Sec1:i 11/15/07 9:33:39 AM11/15/07 9:33:39 AM Accounting for a Service Business Organized as a Proprietorship1 C H A P T E R 1 PART PH O TO S: S TO CK BY TE , B LE ND IM AG ES , D IG IT AL V IS IO N (A LL G ET TY IM AG ES ) C H A P T E R 5 C H A P T E R 2 C H A P T E R 6 Chapter 1 Starting a Proprietorship: Changes That Affect the Accounting Equation Chapter 2 Analyzing Transactions into Debit and Credit Parts

DBQ 13: Gilded Age

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DBQ 13 During the Gilded Age, the 30 year time period after the Civil War, America as a country began to shift in ways of life and political beliefs. The industrial revolution began with an increase in railroads, telegraph, steel, oil, and more. As a shift from the previous agricultural based time period before the civil war to manufacturing, farmers are feeling the direct impact of this economic shift. During this time, the economic disputes, political imbalances, and social shifts explains why farmers were discontent with the nations politics. As a result, the number of farmers in the US declined, the Farmers Alliance was created, and a new third party known as the Populist party arose.

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