What Were the Political, Social, Economic, And/or Cultural Consequences of This

question 6

Essay

What were the political, social, economic, and/or cultural consequences of this item: hostile takeovers and corporate downsizing?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.

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Definitions:

Area

A measure of the extent of a two-dimensional surface or shape, or the amount of space inside the boundary of a flat (2D) object.

Per-unit Burden

The cost or tax levied on each unit of a good or service.

Sellers

Individuals, companies, or entities that offer goods or services for sale in the market.

Tax

Compulsory contributions to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.