Does China have an absolute or comparative advantage?

Does China have an absolute or comparative advantage? Absolute advantage differs from comparative advantage, which refers to the ability of a country to produce specific goods at a lower opportunity cost. China can produce such goods more efficiently, which gives it an absolute advantage relative to many countries. Which country has an absolute advantage in […]

What are the four stages of presidential elections?

What are the four stages of presidential elections? Step 1: Primaries and Caucuses. There are many people who want to be president. Step 2: National Conventions. Each party holds a national convention to finalize the selection of one presidential nominee. Step 3: General Election. Step 4: Electoral College. What type of election is held every […]

What is the climate found near 60 latitude?

What is the climate found near 60 latitude? Humid Continental climate is found in the interior of continents between the 30 and 60 degrees latitude, but usually above the 40 degree line. This climate is mainly found in the Northern Hemisphere since there are no major landmasses in the Southern Hemisphere. What effect would a […]

How did monarchs maintain power in their kingdom?

How did monarchs maintain power in their kingdom? The monarch was able to maintain absolute control over the society with the addition of feudalism, which involved people being placed into different estates of power, such as: clergy, nobility and peasants. An absolute monarchy can best be seen in the words of Louis XIV in France […]

How did the Age of Exploration impact Europe?

How did the Age of Exploration impact Europe? The voyages of explorers had a dramatic impact on European trade. As a result, more goods, raw materials and precious metals entered Europe. New trade centers developed, especially in the Netherlands and England. Exploration and trade led to the growth of capitalism. What effects did the age […]

What is a recession contraction?

What is a recession contraction? In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). In a recession, the rate of inflation slows down, stops, or becomes negative. What is a recession […]

When was the first mummy discovered?

When was the first mummy discovered? The oldest known naturally mummified human corpse is a severed head dated as 6,000 years old, found in 1936 AD at the site named Inca Cueva No. 4 in South America. How was mummification invented? The earliest ancient Egyptians buried their dead in small pits in the desert. The […]

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