This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is it important to understand how North America's political economy functions as compared to ... (Read 160 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Aug 7, 2018
Why is it important to understand how North America's political economy functions as compared to understanding its basic economic patterns?
 
  What will be an ideal response?

Question 2

What is basic and nonbasic employment, and why are both of these important to the local economies of communities in North America?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Aug 7, 2018
Answer to Question 1

North America's political economy includes the links between North America's economy and politics. Economic patterns and linkages have a major impact on political dynamics and relationships between regions in North America and North America's political relations to the rest of the world.

Answer to Question 2

Basic employment is employment in the industry or industries that a region uses to generate trade and income from elsewhere. Nonbasic employment is employment that provides goods and services to the local economy. Nonbasic employment is generated by basic employment. When a city or town experiences growth in a basic industry, the growth in basic employment results in growth in nonbasic employment (for example, teachers, doctors, and jobs in retail).


storky111

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Aug 7, 2018
Thank you!


micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Aug 7, 2018
Always glad to help...


« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ... For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ...
What functions do gangs fulfill (what needs do they meet)? What functions do gangs fulfill (what needs do they meet)?
North Korea: Labor Issues North Korea: Labor Issues
Planet Earth compared to all its water and air! Planet Earth compared to all its water and air!
Functions and Properties of Blood Functions and Properties of Blood
Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ... Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ...
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library