How is price elasticity of demand measured? Price elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price. It is computed as the percentage change in quantity demanded (or supplied) divided by the percentage change in price. When the price elasticity of demand is low the […]
What is an example of intermodal transportation?
What is an example of intermodal transportation? For example, a shipment being transported via intermodal is loaded into a 20-foot container at the shipper’s warehouse and trucked to the terminal at the port of origin. This same container is then loaded onto the vessel, shipped to the destination, unloaded at the port of destination, and […]
What is the correct meaning of the term welfare capitalism?
What is the correct meaning of the term welfare capitalism? : capitalism characterized by a concern for the welfare of various social groupings (as workers) expressed usually through social-security programs, collective-bargaining agreements, state industrial codes, and other guarantees against insecurity. How the welfare system was created? In addition to old-age pensions and unemployment insurance, the […]
Who is the most famous American soccer player?
Who is the most famous American soccer player? The 13 Greatest American Soccer Players Ever Landon Donovan. Who else could it be? Michael Bradley. You won’t find Michael Bradley’s name on the score sheet very often, but that’s not his job. Clint Dempsey. Cobi Jones. Jozy Altidore. Tim Howard. Claudio Reyna. Eric Wynalda. Who is […]
What happened after MLK assassination?
What happened after MLK assassination? The King-assassination riots, also known as the Holy Week Uprising, was a wave of civil disturbance which swept the United States following the assassination of Martin Luther King Jr. on April 4, 1968. Some of the biggest riots took place in Washington, D.C., Baltimore, Chicago, and Kansas City. What happened […]
What protects your stomach from acid?
What protects your stomach from acid? In the stomach several mucosal defence mechanisms protect the stomach against hydrochloric acid and noxious agents. The pre-epithelial protection is made up by the mucus-bicarbonate barrier. Mucus and bicarbonate, secreted by mucus cells, create a pH gradient maintaining the epithelial cell surface at near neutral pH. What prevents Autodigestion […]
How can we increase awareness when driving?
How can we increase awareness when driving? Some tips based on these levels: Keep your eyes moving. Identify areas of risk that you are approaching and focus on them. Watch for subtle changes in other cars’ motion which can identify the drivers’ intent. Bring your thoughts back to mindfulness of your driving. How can we […]
Which were consequences of the development of agriculture?
Which were consequences of the development of agriculture? Some social scientists argue that the development of agriculture included negative outcomes, such as increased malnutrition and starvation, the rise of epidemic diseases, and the origin of a hierarchical class system marked by great differences between rich and poor. What were the consequences of Agriculture for humans? […]
What was the dominant force in European life before the Reformation?
What was the dominant force in European life before the Reformation? Before the Reformation, the dominant force in European life was the Catholic Church. Who is considered to be the main force behind the Protestant Reformation? John Calvin’s What happened before the Protestant Reformation? Before the Reformation, all Christians living in Western Europe were part […]
What is relative chronology to a historian?
What is relative chronology to a historian? Relative chronology is the definition of events that are placed in chronological order, relative to the time they happened. (You need not know the exact date, though). A historian is someone who studies the history based upon a specific period, social phenomenon or a geographical region. What is […]