According to Historical Records,what Changes Have Been Observed Across Countries

question 1

Multiple Choice

According to historical records,what changes have been observed across countries due to world capitalism?

• A)The inequitable distribution of wealth and power around the world persists.
• B)The divide between the rich and poor nations has decreased.
• C)The exploitation of less powerful people by the elite in core nations has reduced.
• D)The increased trade and investment produced by globalization has benefited all groups of people equally.

Distinguish between institutional racism and other forms of racism and understand the characteristics of each.

Compare and contrast de jure and de facto segregation and discuss the challenges in eradicating de facto segregation.

Understand the concept and implications of minimum efficient scale.

Identify the point at which diseconomies of scale set in for a firm.

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Definitions:

Ordinary Interest

interest calculated on a loan or investment based on a 360-day year, commonly used in banking and finance.

Exact Interest

Interest calculation method utilizing the actual number of days in the interest period and a 365-day year to determine the accurate interest due.

Simple Interest

Interest calculated solely on the principal amount of a loan or investment, without compounding over time.

360-Day Year

This is a simplified method used in some financial calculations where the year is assumed to have 360 days for ease of interest computation.