Satellite technology got rid of the delay as it was very efficient. It played a major part in the globalisation of Australia and is still in use
Was the motor car ownership the most important reason for improvements in the way of life for many Americans in the 1920s? (16) Ownership of a motor car in the 1920s was a factor in the improvements of the way of life for some Americans. There are other factors like new consumer goods, entertainment and prosperity. During the 1920s Americans where buying lots of new consumer goods these goods where was changing there lives. This is because they had access to radios and fridges really cheaply.
Facility: LG has higher manufacturing volume based on they has an advantage from scale of economies by purchasing lots of material and got the discount on the prices. Moreover, they can use its manufacturing nearly full capacity. Execution: Tork’s low-end sales where demand was highly seasonal al, meaning production is increasing in late winter and early spring. Thus, LG can gain more advantage based on their sales tend to be smoother throughout the year. 2.
That is, the ability of firms in Australia to compete on the international market for the sale of goods and services. Increased international competitiveness will result in more demand of goods and services from Australian firms as they are cheaper compared elsewhere, resulting in more demand for the AUD thus appreciating the dollar. There, however, can also be a reverse effect. A high Australian dollar will make goods and services purchased from Australia relatively more expensive when compared with other countries offering the same goods/services. An example of this effect in today’s economy is the mining boom in Australia.
The Influence of China’s demand for Australia’s resources on our Economy Globalisation has been occurring rapidly in the recent decades throughout the world which has resulted in the free movement of people, the advancement in technology and an increase in global trade. This has allowed countries around the world to integrate and influence foreign economies more dramatically. Trading can even go back to the times of World War 2 to the times of 2000 when Australia’s globalisation was increasing trade with Asia like China. China is a small country who has a population over just over 1.3 Billion, there economic growth rate stands at 9.6% [1] and as a result they have a reasonably high inflation rate of 6.2%. [2] The influence of China’s
According to DBQ 13, document 4, it states, “Your houses are better built, your clothes are cheaper, you have an infinite number of domestic utensils. You can travel cheaply from place to place, and not only travel at less expense, but travel ten times faster than two hundred years ago.” Therefore, stating that the advancements in technology and the competition created by the new businesses caused prices to drop and a rise in productivity. Because of the manufactories that were built to sustain the constant creation of the product, many people were hired to make more things at a faster speed. DBQ 12, document 2, states, “People left their occupations and came to spinning for the sake of the high wages.” People left the farming to the factories for more
Yes, most of Australia’s land is not in living conditions, but there still is lots more room for these people, plenty in fact. Refugees do the population of Australia good. When they have children, they will most likely become Australian and work for our country, contributing in its economic growth and educational development. They may require some assistance but in the long run they are extremely beneficial to
Advances such changing engines from piston to jet engines and new software allows aircrafts to function more efficiently with less wear and tear and for longer period of times. Additionally, Delta’s changes in depreciation from 1986 through 2006 had a positive effect on the company’s financial statements. Although depreciation does not affect cash flows or revenue, it does have an effect on the bottom line. By stretching out depreciation, Delta decreased its depreciation expense resulting in higher net income. This is very beneficial for Delta; the airline industry is always being pressure to show more profits and results.
South Korea 2. Taiwan 3. Hong Kong 4. Singapore The advanatages of these countries for the development of the manufacturing industry were: * a reasonably well developed level of infrastructure such as roads, railways and ports * relatively well educated populations with existing skills * cultural traditions that revere education and achievement * good geographical location – Singapore, for example, is situated between the indian and pacific oceans. * Government support, for example offering low interest rates on banks loans * Less rigid laws an regulations on labour, taxation and pollution trhat in TNC’s parents countries, allowing more profitable operations As the economies of NICs grew, large indigenous firms began to grow, helped by the economic climate and government aid.
Internet capable technology is extremely affordable, and people across the world are adapting to this new wide world of communication. The world is changing, and experts are divided about the consequences of the fast-growing new ways people have to reach out to each other. Social media is now the most popular way to keep in touch with old friends, new friends, and family. Text messaging, along with its altered lingo, has almost replaced telephone calls and voice mail messages entirely. Business meetings have been replaced by emails or internet based conference applications such as Skype.