Pros And Cons Of Macroeconomics

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. Why are corporations spreading across the globe? these companies become, in some cases, operators of the countries where they are, because they are often located in countries where which the workers' wages are low, which makes the Product costs are lower. the defenders of these corporations argue that the authentic essence of the global economy and that are crucial for progress of the developing world populations. 2. What is meant by the Guns vs. Butter debate? In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. In this example, a nation must choose between two options when spending …show more content…

Each person must earn their own, and an important part of the profits obtained by a business goes to the pocket of the person who owns the means of production, while the workers who are in charge of running the business have a small participation. Each person receives his salary according to his merit and, naturally, the people who have the means of production will have the final say in making the decisions. As we see, the ownership of means of production is one of the main blocks of discord between the two ideologies, each of which is based on an extreme idea about it and, therefore, involves risks and …show more content…

Advances in medical technologies, the use of information and communication technologies, and the increase in learning and distance work will change the structure and family relationships 6. Discuss the national civil rights movement of the fifties and sixties. What were (are) its longitudinal affects? The civil rights movement was a political, legal, and social struggle for African Americans to become full-fledged citizens. This movement was the first and most important as a result of racial segregation that separated African-Americans from whites. They usually consider that this period begins with the Montgomery bus boycott in 1955 and ends with the assassination of Martin Luther King in 1968, although the civil rights movement in the United States continues in many ways to this day. Prohibited discrimination from any federal program, jobs, protect the voting