Discuss the Impacts of the Competition Globalization Driver on People

question 37

Essay

Discuss the impacts of the competition globalization driver on people processing, possession processing, and information-based service categories. Give at least one example of a firm that falls into each category.

Analyze the effects of fiscal policy on loanable funds, interest rates, and investment.

Distinguish between different financial instruments and their roles in the economy.

Assess the implications of government budget deficits and surpluses on long-run economic growth and interest rates.

Understand the factors affecting bond interest rates and risks.

---

Definitions:

Composite

In geology, composite refers to rocks or materials made up of various distinct components or layers, often seen in volcanic activity.

Shield

A large, flat area of ancient, hard rock on the Earth's surface, often found in continental interiors and known for its geological stability.

Viscous Magma

Magma that does not flow easily.

Abundant Silica

The presence of a high concentration of silicon dioxide in rocks or magma, which affects their viscosity and melting point.