iron industry. On top of these losses‚ the Versailles Treaty also stipulated that Germany would have to pay huge war reparations to the winning countries. All these caused great difficulties in the German economic operations and pushed the German economy to the verge of bankruptcy. The inflation rate became extremely high and prices were soaring. Printing presses worked overtime to print Reichsbank notes. By November 1923 one US dollar was worth 4‚200‚000‚000‚000 marks. Unemployment rate was also
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(Armstrong and Kotler 2003‚ p.149). In this report‚ use PEST to analyze macro-environment forces how to impact on PepsiCo in China. As we know‚ the PepsiCo was the first U.S. company to distribute its products in China after China implement reform and opening up policy in 1979. Through many years business operation in China‚ the company fully understands their development worldwide must adapt China’s macro-environmental various forces and must put into practice their localization strategy “Think local‚ Act
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cooking and electricity. Based on our current rates of consumption‚ we will use up the Earth’s store of fossil fuels faster than created therefore making it a nonrenewable source of energy. After fossil fuels are created and depleted‚ they cannot be replaced in our civilization. This extremely long process takes thousands of years and if we were to replenish the depleted fossil fuels it would take millions of years. 2) How are fossil fuels formed? How do environmental conditions determine what type of
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Impact of Reduced Protection on the Global Economy Protection is essentially defined as any action by national governments that will give an artificial competitive advantage to domestic producers over foreign producers. The opposite of protection is free trade‚ which occurs when there are no limitations to the free movement of goods and services between different economies. The main reasons for nations to reduce protection is to increase efficiency and productivity levels‚ but in reducing protection
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The materials we used for this project were the fruits and vegetables and an amp meter to measure the current flow in them. We learned the difference between electrical charge and conductivity. We measured the electrical charge first and the conductivity second. First‚ we looked for current flow in each of the fruits and vegetables using the micro amp scale on the meter. Second‚
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Examine the environmental impacts of development on the coast and the conflict it causes (10). (1)VISUAL POLLUTION – big ugly container ports eg Dibden – Southampton. The coast is traditionally a very attractive place that is why there has been a process of: COASTALISATION - increasing population density along the coastlines‚ as people seek a better quality of life outside of cities and inland areas which leads to: (2)SEWAGE – more pressure of housing and growth of coastal resorts means
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Housekeeping activities have negative environmental impacts. Discuss these activities and state the actions programs to curb the negativities. Introduction Housekeeping in a hotel has to meet far more rigorous standards than most people maintain in their own houses. Housekeepers vacuum the entire floor of each guest room and dust every surface. They check lamps‚ clocks‚ radios and the TV to make sure they work. They clean all the surfaces in the bathroom and restock it with guest supplies. Then
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Current and Non-current Assets Without assets‚ businesses could not function. In order to show how much a business owns assets are used in accounting to clearly define the positive side of a balance sheet. Current and non-current assets are not only cash‚ but also monies which will turn into cash in the future. This includes receivables‚ properties‚ work in progress and buildings. This paper will define current and non-current assets‚ differentiate between the two‚ the order of liquidity and
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Past and Current Drug Abuse Trends in the United States Tabatha Smith University of Phoenix PSY 425 Dawn Weldon September 20‚ 2010 Past and Current Drug Abuse Trends in the United States Trends in drug use amidst Americans are in a roundabout way attributed to trends in society. Despite the fact that drugs always have been around in one form or another‚ their early manipulations on society trace back to 4000 B.C. American society has been familiar with habit forming drugs as far
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An economy or economic system consists of the production‚ distribution or trade‚ and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals‚ businesses‚ organizations‚ or governments. Transactions occur when two parties agree to the value or price of the transacted good or service‚ commonly expressed in a certain currency. In the past‚ economic activity was theorized to be bounded by natural resources‚ labor‚ and capital
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