This topic contains a solution. Click here to go to the answer

Author Question: Why is it important to understand how North America's political economy functions as compared to ... (Read 96 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
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
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).





 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

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 complete list of videos, visit our video library