How did German economy recover after ww2?
The country subsequently began a slow but continuous improvement of its standard of living, with the export of local products, a reduction in unemployment...
Why is gas cheaper in Ohio than Michigan?
According to gasbuddy.com the Ohio average is $2.31. The Michigan average is over $. That happens because even though Ohio gas tax is higher, Michigan dri...
What is the economy of the Appalachian Plateau?
The main industry of the Appalachian Plateau is coal mining and its main product is coal. Coal is one of Virginia’s most valuable resources. Its most impo...
What is the main cause of economic crisis?
Housing starts, interest rates, oil prices, unemployment numbers, auto sales, wage inflation, quarterly GDP growth or contraction, consumer prices and per...
Who was Vladimir Lenin and what were the major ideas of Leninism?
Lenin’s development of Marxism has become known as Leninism. These ideas include: Democratic Centralism, also known as the idea of the vanguard party. Lik...
How does globalization affect the welfare state?
The social welfare policies affected by globalisation are old age pensions, incapacity related, family and unemployment benefits and active labour market ...
What was the economic impact of the Columbian Exchange?
The Columbian Exchange caused population growth in Europe by bringing new crops from the Americas and started Europe’s economic shift towards capitalism. ...
What is RER in economics?
The real exchange rate (RER) is the relative price of goods and services produced within the domestic country in terms of goods and services produced abro...
What is meant by productivity in economics?
Productivity is commonly defined as a ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inp...
What are the game reserves in Nigeria?
Game reserves in nigeria and their location Borgu Game Reserve. Falgore Game Reserve. Kashimbila Game Reserve. Ohosu Game Reserve. Yankari Game Reserve. Z...
